Political Quotes

“My amendment is a simple one. It would require that the President's inflation analysis include not just a top-line estimate but also a breakdown to the CPI's three major subgroups: food, energy, and all items less food and energy. Americans are navigating inflation rates not seen in generations, and their dollar isn't going far enough because wages aren't keeping up. It is no wonder that a recent Gallup poll found that 50 percent of Americans say they are worse off financially than just a year ago, and that is a level not seen since the Great Recession. Let me be clear: We have this generational inflation thanks to 2 years of runaway spending. I will grant that the pandemic caused massive disruptions to our economy, supply chains, and our way of life. It was going to be a bumpy ride coming out of that. However, policies like the American Rescue Plan that were rammed through Congress without a single Republican vote threw gasoline on the fire and supercharged inflation. With one hand, the government was giving away money, and with the other hand, they were taking it right back, and then some, due to inflation. Yet, Americans have essentially been told not to believe their lying eyes. They were assured that inflation would merely be ``transitory,'' even as it spiraled higher. They were told it was all Vladimir Putin's fault, even though energy inflation averaged just over 21 percent in 2021, the year before Russia invaded Ukraine.…”