Political Quotes

“Mr. President, $11,434--that is how much more a typical family has to spend today to maintain the same standard of living they had at the beginning of the Biden administration--$11,434. That is a lot of money. Needless to say, it is money that a lot of Americans don't have. Nearly 3 years of high inflation has taken its toll. Americans are exhausted from constant price hikes, and they are struggling to keep pace with the huge increase in their cost of living. One recent news story noted: Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency. Let me just repeat that. Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency. In other words, we have had 10 years of price increases packed into the last 4 years. The lion's share of those increases has occurred during the Biden administration. Since President Biden took office, the price of groceries has risen by almost 21 percent, gas prices have risen by 54.8 percent, electric bills are up almost 25 percent, car repairs and maintenance are up 26.5 percent, rent is up 18 percent, and the list goes on. Unfortunately, at this point, it is clear that today's high prices are here to stay. Inflation didn't come out of nowhere. Inflation is the result of too many dollars chasing too few goods and services. That is exactly the situation the Biden administration and Democrats helped create in 2021.…”