Political Quotes

“Madam President, Americans are worried about inflation. New polling shows that 87 percent of Americans are concerned about the rising costs of household items, like diapers and gas and groceries. That is up from 77 percent just last month. They have good reason to feel that way. Right now, reports show that a third of American households making less than $50,000 in annual income are buying less because of increasing prices, and more than one-quarter of all households report that rising prices on goods are causing them to purchase less. Just this month, the Bureau of Labor Statistics reported that, over the last 12 months, food prices have gone up, and gas prices have risen 23 percent. That means, since Biden was elected, gas prices have increased about 70 cents per gallon across the Nation. Year over year, consumer prices increased 2.6 percent in March. That is up from an annual 1.7 percent increase in February. This is all in addition to statements from some of America's largest corporations, like Procter & Gamble and Kimberly-Clark, which recently announced that they are increasing prices on a number of their products. That includes essential household goods, like toilet paper and diapers. The evidence of inflation is right in front of us. Just look at these numbers that show the percentage change in average unit prices versus last year: groceries up 2.6 percent; household goods up 5.2 percent; baby care up 7 percent; general merchandise up 7.1 percent.…”