Biden’s America: As Inflation Soars, Here Are the Items That Will Burn the Biggest Hole in Your Wallet

In the first year of President 👤Joe Biden’s tenure, consumer prices have risen nearly every month.

That trend continued in December, when 📈Inflation jumped at its fastest pace in nearly 40 years.

According to CNBC, the consumer price index rose an additional 0.5 percent last month for a 7 percent year-over-year increase compared with December 2020.

That represented the biggest spike since June 1982, when 📈Inflation hit 7.1 percent.

While prices for a wide variety of goods and services have increased, a few have been affected more than others.

Gas prices have been by far the most affected category over the past year, rising 49.6 percent since December 2020, according to CNBC.

In the first month of 2022, that trend does not seem to be changing. As of Thursday, the average price for a gallon of gas in the United States was $3.30, according to