by Ireland Owens
DailyCaller.com
Many of the traditional milestones of the American middle class have increasingly fallen out of reach under the Biden-Harris administration as high costs and expansive regulations bear down on average people.
The costs of buying a home or car or caring for one’s children have exploded since January 2021, when President Joe Biden and Vice President Kamala Harris first took office, compared to the amount average Americans are taking home in pay, according to calculations by the Daily Caller News Foundation. The American middle class’ purchasing power has been degraded by sky-high inflation under the Biden-Harris administration, while high interest rates and government intervention place even more pressure on everyday costs, experts told the DCNF.