On the recordJuly 14, 2021
like my colleague from Iowa who has just spoken, I travel Iowa as well, and in holding my county meetings and visiting with employers and employees--not just these last 2 weeks that we have been in recess, but all year--I have been hearing all of what Senator Ernst has referred to, that people are afraid of inflation and a lot of people are old enough to remember the 12- to 15-percent inflation we had during the mid-1970s to the early 1980s. We don't want to repeat that. Traveling Iowa, it is always refreshing to hear directly from my constituents because, as I often say, Washington is an island surrounded by reality. The Midwest seems to be the real America compared to what we know here in Washington, DC, where everything that dominates the economy is affected by government--and very Big Government. There is no better example of this than how the Biden administration and Washington elites talk about inflation and rising prices. To them, inflation is transitory or the result of base effects, and those words ``transitory'' and ``base effects'' are used to justify this inflation. Really something not to worry about, I think, is the impression they want to leave us with. To the Iowans I spoke with, inflation is real and persistent, as Senator Ernst has so colorfully shown. I heard concerns from my constituents about inflation wherever I went. And why? Because it is affecting people's lives right now.…





