Politics

Bidenomics Hits Americans: Mortgage Payments UP 90%

Before Joe Biden took over the White House, the average monthly payments across the nation on a new home were $1,746.

That was actually only a few years ago.

But data from real estate investment firm CBRE says that figure now is $3,322, a “staggering” 90% hike.

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Will this presidential election be the most important in American history?

Joe Biden repeatedly has touted “Bidenomics” as a reason to re-elect him to be president until he’s close to 90 years old.

That’s the set of policies that gave Americans 9.1% inflation, gas at $6 a gallon in many locations, rocketing food prices and worse.

This includes mortgage payments, which now are up 90% on his watch.

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The New York Post warns that, because of Biden, “The dream of owning a home in America is slipping farther away for many, with average monthly mortgage payments now nearly double what they were at the start of the Biden administration.

“As interest rates surge above 7% and housing prices continue their ascent, aspiring buyers are confronted with one of the most unaffordable markets in recent memory,” the report charged.

Part of the problem has been the ripple effect of the Democrats’ agenda to spend trillions of borrowed dollars in various programs sought by Biden and his cronies. That pushed inflation to levels as high as 9.1%, and the Federal Reserve, trying to pull that down, has raised interest rates so that home mortgages often now are close to 7%.

A report from the Post noted that Democrats like Biden’s economic work, but “for the most part, it seems that the average American is tired of it.”

IMPORTANT NOTE TO WND READERS: America – long the freest, most prosperous, powerful, altruistic and Christian nation on earth – is on the brink of destruction. Every decent and aware American adult knows this. The evidence is everywhere.

Democrat politicians today overwhelmingly favor late-term abortion up to the very moment of birth – formerly known as “infanticide.” They encourage children too young to drive or vote to have their breasts and/or sex organs amputated in pursuit of a “gender transition” that is both delusional and impossible, and which leads to staggering rates of depression and suicide. They have not just allowed, but ENGINEERED, a full-scale foreign invasion of America across her southern border.

Their standard bearer, President Joe Biden – a senile, pathologically dishonest and epically corrupt career political hack – is destroying America’s economy, energy sector, military, law enforcement, election integrity, national security, Constitution and overall national wellbeing as rapidly as possible. At the same time, Team Biden demonizes and, increasingly, IMPRISONS critics as “violent extremists,” “domestic terrorists,” “white supremacists” and “insurrectionists.” Indeed, they’re currently engaged in an obviously corrupt multi-front legal war against Biden’s chief political rival, Donald J. Trump, in an attempt to send the 45th president of the United States to prison for the rest of his life.

None of this constitutes “politics” in any conventional or traditional American sense. Rather, it is all darkly spiritual. The greatest nation on earth is in the throes of a full-blown spiritual war between good and evil.

The big question, then, is WHAT CAN BE DONE TO SAVE AMERICA? Fortunately, real answers and uncommon wisdom are showcased in the December issue of WND’s critically acclaimed monthly Whistleblower magazine, “CAN AMERICA BE SAVED? The world’s freest, most Christian nation is on the brink of destruction.”

In this very special issue, readers will experience the best and deepest thoughts and strategies on how to restore America to her former goodness and greatness, from some of the nation’s most respected analysts – everyone from Tucker Carlson to Dennis Prager to Victor Davis Hanson to Newt Gingrich and many more.

WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.

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This article was originally published by the WND News Center.

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