Republican officials reacted to inflation reaching a new four-decade high by plastering the Biden administration’s handling of the economy.
The Consumer Price Index (CPI) rose 8.6% between May 2021 and May 2022, according to a Friday morning report from the U.S. Bureau of Labor Statistics. The news came one day after gas prices hit $5 per gallon in the United States.
In response to the poor economic news, President Joe Biden blamed Russian President Vladimir Putin, and told lawmakers to make wealthy Americans and corporations “pay their fair share” in taxes. Republicans, however, agreed with the plurality of Americans in pinning the blame on President Biden himself.
“Inflation reaches another 40 year record high. Gas is $5 per gallon. Parents still can’t find baby formula,” Rep. Jim Jordan (R-OH) remarked. “Joe Biden’s America.”
“America continues to struggle with runaway inflation,” former Secretary of State Mike Pompeo offered. “And all we hear from Washington DC is shifting the blame. How about focusing on the problem and offering real solutions that work?”
“Inflation is definitely NOT transitory. A dollar at the start of Biden’s disastrous admin is now worth less than $0.90,” Sen. Ron Johnson (R-WI) noted. “Biden’s inflation tax is costing families $5,000/yr, hurting seniors on fixed incomes, and reducing the value of savings and retirement funds. Thanks, Joe.”
“Inflation is through the roof, hitting 8.6% over the past year, the highest in 4 decades,” Sen. Ted Cruz (R-TX) added. “It’s no surprise Democrats are trying to distract from their miserable failures with primetime political stunts,” he said in reference to the January 6 hearings.
“Inflation reached a 40-year high of 8.6% in May–the highest total so far under the Biden regime,” Rep. Andy Biggs (R-AZ) commented. “Yet, the White House is saying that our ‘economy is in a better place than it has been historically.’ This is a disgrace.”
This is an excerpt from The Daily Wire.
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