Political Quotes

On the recordSeptember 13, 2022
this morning the Bureau of Labor Statistics released the August inflation numbers, and as every American who has been to a grocery store lately knows, August was yet another month of high inflation. Consumer prices rose 8.3 percent last month from a year earlier, holding to a near-four-decade-high--40-year-high--inflation. And Americans are feeling the strain. Even 1 unexpectedly expensive month can be challenging for many families, but at least it is actually and usually possible to recover from a single tough month. How are American families going to recover from the months upon months upon months of high inflation that have marked the Biden economy? As I said, American families are suffering. Grocery bills are out of control. Between August 2021 and August 2022, grocery bills rose at their highest rate since 1979--1979, I was a senior in high school. Even back-to-school supplies like pencils and glue are more expensive. The National Retail Federation reported in July that households were on track to spend an average of $864 on back-to-school shopping--a 24- percent increase from 2019. Utility bills have soared. Things have gotten so bad that approximately one out of every six households--one out of every six households in America--is behind on its utility bills. Unfortunately, considering the increases in the price of natural gas and electricity since President Biden took office, it is not surprising.…
Said by
John Thune
Republican · South Dakota

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