Political Quotes

Glenn Grothman: The talk of everyone back home is over inflation. I want to give the press corps something to do. We are told the…

On the recordJune 14, 2022
The talk of everyone back home is over inflation. I want to give the press corps something to do. We are told the current inflation rate is 8.2 percent, the highest it has been in 40 years. I believe the number is higher than that. They claim that the cost of rent or the cost to buy a house has gone up 5.2 percent. I have talked to builders in which the cost of identical homes has gone up 30 percent. Interest rates have gone up from 2.5 to 4.5 percent. I know somebody who is looking to perhaps flip a house that has gone up 20 percent. I would like the press corps in this country to look for examples of housing that has only gone up 5.2 percent. The other thing I would like them to look up is used cars have gone up 16 percent. I have talked to car dealers, and they tell me the price of used cars has gone up 25 to 35 percent. So I beg the somewhat slumbering press corps to look into this and see whether our leg is being pulled by the claim that the CPI is only up 8.2 percent. ____________________
Said by
Glenn Grothman
Republican · Wisconsin
Source
govinfo.gov
Jun 14, 2022

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