Dan Burton said "That is what is taking place already. There is a spike in inflation already, and people are starting to feel it. When you go to the supermarket and you buy a pound of something that you used to pay for a pound, now they're putting the same product in a bag, but they're only giving you two-thirds of a pound. And that is because they want to keep the price constant. But there are inflationary pressures right now. It is already existing. And what Geithner and what we're doing with this so-called stimulus package and the other legislation that is going to be coming down the pike is going to make this thing a lot worse. That is why we need to do as you said and as our colleagues said, cut taxes and get this economy moving in the right direction again." @ PoliticalQuotes.com

On the recordFebruary 11, 2009

That is what is taking place already. There is a spike in inflation already, and people are starting to feel it. When you go to the supermarket and you buy a pound of something that you used to pay for a pound, now they're putting the same product in a bag, but they're only giving you two-thirds of a pound. And that is because they want to keep the price constant. But there are inflationary pressures right now. It is already existing. And what Geithner and what we're doing with this so-called stimulus package and the other legislation that is going to be coming down the pike is going to make this thing a lot worse. That is why we need to do as you said and as our colleagues said, cut taxes and get this economy moving in the right direction again.

Said by

Dan Burton

Indiana

Source

govinfo.gov

Editor's note · Context

Discussing inflation and economic policy during a debate on the stimulus package.

Share on X Share on Facebook Email this quote