Biden inflation will be hard to ignore in 2022

 Washington Examiner:

Republicans are blasting President Joe Biden for the highest inflation increase in nearly 40 years, setting the stage for rising consumer costs to be a key issue in next year’s midterm elections.

On Friday, the Labor Department's Consumer Price Index rose by 6.8% without seasonal adjustments over a 12-month period ending in November, the fastest annual increase since 1982.
...

“Joe Biden and the Democrats’ Build Back Broke agenda created historically high inflation, making Americans pay more for nearly everything this holiday season," said Ronna McDaniel, chairwoman of the Republican National Committee, shortly after the release of the report.

“With skyrocketing prices at a 39-year high, a supply chain crisis, trillions in reckless spending, and tax hikes on families, Biden has lost the trust and confidence of the American people to get the economy working for them,” McDaniel said. “Americans can thank Biden and the Democrats for the most expensive holiday season on record.”
...

The Republican Governors Association also hit Biden and Democrats for the rise in inflation, writing in a press release: “What is Joe Biden, Washington Democrats, and Democrat governors' response? Press on with supporting reckless federal spending and their job-killing energy policies. Democrats don’t believe they need to course correct before these problems get any worse.”
...

The Democrats' argument that inflation is temporary does not look persuasive.  They are deliberately driving up the cost of energy which builds inflation into just getting food to market and going to the store and buying it.  They have no clue of how to fix the supply chain problems and don't even have a group that is working on the problem.  They have a secretary of transportation who thinks electric vehicles are the answer.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more