As Americans continue to grapple with skyrocketing costs of goods, finding “joy” and “hope,” as touted by Democrat elites during their August convention, remains a challenge. One significant area where this struggle is evident is the auto insurance sector, which has seen dramatic increases under Vice President Kamala Harris’s watch.
Data from the Bureau of Labor Statistics shows that car insurance prices have risen by an astonishing 54% since President Joe Biden and Vice President Kamala Harris assumed office in January 2021. This rise in auto insurance costs is a clear example of the inflationary nightmare caused by the policies put forth by the Biden-Harris administration.
In addition to auto insurance, new car prices have also seen a significant increase, with a 19% jump since Biden and Harris took office. Used cars and trucks experienced an even greater rise in prices, with a 20% increase over the same time period. Maintaining vehicles has become more expensive as well, with motor vehicle maintenance and repair costs rising by 30% under the current administration. This is particularly concerning given that gas prices have reached record highs during their tenure.
Instead of addressing these issues, Democrats may use this situation as an opportunity to push electric vehicles (EVs) on American consumers. Vice President Kamala Harris has been a vocal supporter of the Green New Deal, which aimed at eliminating gas-powered cars. Her position on EVs indicates that she is likely to promote this agenda further.
It’s essential for Americans to recognize the role of the Biden-Harris administration in causing these financial hardships. As Breitbart News Economics Editor John Carney noted, Vice President Kamala Harris played a significant role in casting tie-breaking votes for some of the most ambitious and inflationary spending bills in recent history. The American Rescue Plan, a $1.9 trillion package promoted as a lifeline for struggling Americans, has instead fueled an uncontrollable inflation fire that continues to burn across various sectors of the economy, including auto insurance.