Political Quotes

“Mr. President, 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.…”