Political Quotes

On the recordJune 7, 2021
I spoke recently about a serious crisis facing our economy, the workforce shortage. This has been brought on by many things that my colleagues from the left have spent and asked questions and brought about policies. Today, I want to discuss another looming challenge to our economy, one where Democratic policies are adding fuel to the fire, if not starting the fire itself. I am talking about inflation. Inflation is not an abstract idea thrown around by finance gurus. Inflation is a real threat to the pocketbooks of hard-working Americans throughout our great country. We haven't hit the inflation levels of Jimmy Carter's days yet, but the warning signs are here. I recently spoke with a group of homebuilders from across my home State of Alabama. They told me how they are seeing prices increase that are even higher than the ballooning national average. As an example, in Alabama and across much of the South, homebuilding materials, such as brick, are up 10 percent. Insulation prices are up 15 percent. Sheetrock prices are up nearly 50 percent. Lumber prices are up 300 percent. And particle board prices, which are used in most homes across the country, the price is up almost 600 percent. Although demand for houses went up during the height of the pandemic, the Commerce Department reported that U.S. homebuilding actually declined in April of this year.…
Said by
Tommy Tuberville
Republican · Alabama

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