Political Quotes

On the recordJuly 14, 2022
yesterday morning, June inflation numbers were released. And, as usual with this administration, the news was not good. Inflation rose once again in June to 9.1 percent--the highest inflation since November of 1981. November of 1981. I was in college the last time inflation was this bad. Americans are suffering. Everywhere Americans turn, they are being asked to pay more--more for cleaning supplies, more for gas, more for health insurance, more for groceries. A new analysis yesterday from the Joint Economic Committee found that inflation will cost the average American household a staggering $718 a month over the next year--$718 per month. That will happen even if prices stop going up tomorrow--$718 per month, more than $8,600 for the year. No working family can afford that. A major reason that we are in this crisis is because of Democrats' decision to flood the economy with unnecessary government money with their so-called American Rescue Plan Act. And, unfortunately, there is no easy solution to the crisis they helped create. But the first thing--the first thing--should be to do no more harm. Incredibly, however, Democrats are currently attempting to double down on the strategy that helped create this crisis in the first place by passing a version of the Build Back Better tax-and-spending spree they tried to force through last year.…
Said by
John Thune
Republican · South Dakota

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