Political Quotes

“yesterday afternoon, Democrats and the President gathered at the White House to celebrate their so-called Inflation Reduction Act--a bill that will do absolutely nothing to reduce inflation. You don't have to take my word for it. The nonpartisan Penn Wharton Budget Model said this about the bill's impact on inflation: The impact on inflation is statistically indistinguishable from zero. ``[S]tatistically indistinguishable from zero.'' Or you could take the word of the Democrat chairman of the Senate Budget Committee, who admitted on the Senate floor right here that the so-called Inflation Reduction Act would not reduce inflation. That is right. To describe yesterday's celebration at the White House as tone deaf would be putting it mildly. Democrats had a big party to celebrate a bill that may fulfill some of their Big Government fantasies but will do nothing to fix the inflation crisis facing our country. Meanwhile, Americans were dealing with the release of August inflation numbers, which were even higher than expected and made it very clear that the soaring prices will continue for the foreseeable future. One of President Obama's top economic advisers noted yesterday: Today's CPI report confirms that the US has a serious inflation problem. Core inflation is higher this month than for the quarter, higher this quarter than last quarter, higher this half of the year than the previous one, and higher last year than the previous one.…”