<p>A new report on Sunday highlighted concerns from top economists about the impacts of Democrat President Joe Biden’s massive government spending.</p>
<p>&#8220;Americans should brace themselves for several years of higher inflation than they’ve seen in decades, according to economists who expect the robust post-pandemic economic recovery to fuel brisk price increases for a while,&#8221; The Wall Street Journal <a href="https://www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400">reported</a>. &#8220;The respondents on average now expect a widely followed measure of inflation, which excludes volatile food and energy components, to be up 3.2% in the fourth quarter of 2021 from a year before. They forecast the annual rise to recede to slightly less than 2.3% a year in 2022 and 2023. That would mean an average annual increase of 2.58% from 2021 through 2023, putting inflation at levels last seen in 1993.&#8221;</p>

‘Biden’s America’: Economists Issue Warning For Americans To ‘Brace Themselves’ For Years Of Inflation Not Seen In Decades, Report Says

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‘Biden’s America’: Economists Issue Warning For Americans To ‘Brace Themselves’ For Years Of Inflation Not Seen In Decades, Report Says