Political Quotes

“Mr. President, I think you all might remember when the Biden administration's so-called experts claimed that inflation was ``transitory.'' It ended up that they couldn't have been more wrong by using that word. Since President Biden took office, Iowans have seen prices rise 13.7 percent. That adds an extra $666 to their monthly budget. Couple that with falling real wages, and Iowans have been strapped very thin. This combination of rising prices and falling real wages has hit rural Iowa communities particularly hard. As a result, according to a report issued by Iowa State University, the disposable income of rural Iowans fell 33 percent over the past 12 months alone. It is no wonder, then, that the high cost of living is the number one concern that I hear about from Iowans as I travel all of our 99 counties. However, here in DC--and remember, DC is an island surrounded by reality--here in this town, the primary concern of President Biden and congressional Democrats has been enacting their very partisan agenda. They have refused to work with Republicans on sensible policies to tame inflation and provide targeted relief. In the process of doing that, they haven't even followed the advice of their own brethren. And I will use Larry Summers as an example, that Harvard professor and former Secretary of Treasury. He said, way back in January, before this President was sworn in, that the economy was turned around: Don't spend any more money or you are going to have inflation.…”