Political Quotes

“yesterday, in a hearing before the Senate Banking Committee, the Federal Reserve Chairman Jerome Powell finally confirmed what we have all known for a long time; that the threat of persistently higher inflation has grown and that the risk of more persistent inflation has risen. He acknowledged to the committee that use of the word ``transitory'' in the media has caused confusion and that it is probably a good time to retire that word and try to explain more clearly what is actually happening with the economy. Now, that is bad news for the spin doctors over in the Biden administration who have spent months trying to convince Tennesseans and the American people that we will be out of the woods any day now, that this is all coming to a fast end. It is back to the drawing board for the White House comms shop. They cannot split hairs over vocabulary words pertaining to inflation. The inflation that we are seeing is real; it is felt; and the consequences of ignoring this are very real. Of course, Tennesseans could have told Washington, DC, this long ago. Out in the real world, they have been dealing with the cost of inflation. Contrary to what the White House would have you believe, inflation isn't just a problem for the rich, and it certainly won't fade into the background after the holidays. I have spoken at length about how inflation has affected Tennessee families and their budgets.…”