Political Quotes

On the recordNovember 15, 2023
yesterday morning, the monthly inflation report came out. Once again, inflation was well above the Fed's target rate of 2 percent. Overall, prices have risen by 17.6 percent since President Biden took office--17.6 percent. Price hikes in certain categories are even worse. Groceries are up 20.9 percent over that same period. Gasoline prices are up 54.8 percent. Electricity is up almost 25 percent. And rent is up 18 percent. Car repairs and maintenance are up 26.5 percent. And the list goes on. The President said the other day that Bidenomics is the American dream. It turns out that Bidenomics is more of a nightmare for the American people. President Biden likes to talk about giving American families ``a little bit of breathing room,'' but that is the exact opposite of what his policies have provided. Wealthy Democrats may not be concerned about a 20-percent increase in the cost of their groceries or a 54- percent increase in the price of gasoline, but for a lot of hard- working American families, those kinds of price increases have meant the difference between having that ``little bit of breathing room'' and having absolutely none. The Joint Economic Committee estimates that Bidenflation is costing American families $953 per month--$953 per month. Even at half that, inflation would be a massive burden on working families.…
Said by
John Thune
Republican · South Dakota

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