Since the end of 2019, just prior to the pandemic, household debt has risen by nearly $2 trillion passing $16 trillion in the second quarter of 2022.

On a recent podcast with John Solomon, Former White House economic adviser Steve Moore called Biden’s handling of inflation and proposed spending “economic malpractice”.

Canada’s rate of inflation soared in June 2022, to a four-decade high of 8.1%, Statistics Canada reported.

A recent study from the Fraser Institute has found that under Justin Trudeau’s tenure as Prime Minister of Canada, the federal per-person debt rose by 35.3% between 2015 and 2022.

In a survey from Canada Life, 45 percent of renters said that they will either “continue renting indefinitely or aren’t sure when they will buy” due to affordability and cash flow concerns.

In the Royal Bank of Canada’s most recent Canadian Housing Report, they said that Canadian home buyers face the least affordable market in a generation due to “sky-high prices and rising interest rates”.

May 2022 was the most expensive month since 2006 to buy a home due to record home prices and increasing mortgage rates.

During the NATO Summit in Madrid, U.S. President Joe Biden was asked by a New York Times reporter how long would Americans be expected to pay a premium pump price due to the war.

Mortgage rates in the U.S. are reaching their highest levels in nearly 15 years, hitting 2008 levels.

In a recent poll from Rasmussen Reports, 57% of those surveyed said they view Joe Biden’s handling of the economy as “poor”.