Joe Biden just learned some devastating news that will cost Nancy Pelosi her job

The headwinds facing the Democrat Party in 2022 continue to pick up.

At this point, there may be nothing Democrats can do to avoid a wipeout.

And Joe Biden just learned some devastating news that will cost Nancy Pelosi her job.

Inflation is the biggest domestic issue facing voters.

Poll after poll shows this is the case.

The latest government report showed inflation surging to a 40-year high, as prices rose 7.9 percent year-over-year in February.

Breitbart reports:

The Department of Labor said that the consumer price index rose 7.9 percent compared with a year ago. Prices were up 0.8 compared with the prior month.

This is the ninth straight month of inflation above 5 percent. Prices rose at an annual rate of 7.5 percent in January, jumping 0.6 percent from December. Economists had forecast CPI to rise by 0.7 percent for the month and 7.8 percent compared with a year ago.

Inflation surged for the ninth straight month, as Joe Biden’s socialist spending bill devalued the dollar and now there is far too much money in the system chasing too few goods.

Last year, Biden falsely claimed inflation was “transitory.”

That is clearly not the case, as each month sees inflation shoot to higher levels than the previous month.

Inflation is likely to get even worse in the months ahead.

Thanks to Joe Biden’s disastrous policies and bungling abroad, gas prices surged to record highs in America.

But gas prices do not rise in a vacuum.

Rising gas prices trickle down throughout the economy.

Rising fuel prices means it is now more expensive to ship all goods.

As the cost to ship goods to stores increases, the retailers are not going to want to see their profit margins decrease.

So the store owners are going to raise prices so as not to see inflation eat away at their profit margins.

The ultimate loser is the American consumer, who is now paying record-high gas prices and is staring in the face of increasing inflation with no end in sight.

Democrats are the Party in power, and polls show Americans blame Biden for inflation.

And that puts Democrats on the wrong side of the public as they look to hang on to their majorities this November.

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