Inflation, Immigration, And Incompetence
Mr. Speaker, inflation is an invisible tax that Americans pay every day. Everywhere you look, inflation is wreaking havoc. At the gas station, gas is up 48 percent; at the grocery store, beef is up 20 percent; chicken, up 15 percent;…
Mr. Speaker, inflation is an invisible tax that Americans pay every day. Everywhere you look, inflation is wreaking havoc. At the gas station, gas is up 48 percent; at the grocery store, beef is up 20 percent; chicken, up 15 percent; butter, up 14 percent; fruits and vegetables, up 7 percent; coffee, up 12 percent.
At home, electricity is up 11 percent; furniture is up 15 percent; and even the rent is up 5 percent.
What about a vacation? You still won't be able to escape inflation, as hotels are up 29 percent and airplane flights are up 23 percent.
Recent graduates entering the workforce will be forced to pay record- high rent and other expenses as they enter adulthood. New mothers and fathers will pay 10 percent higher prices for baby food. Many Americans who saved their entire lives to retire comfortably are now faced with the brutal realization that they may not have saved enough.
Even the Nashville airport, which is renovating and expanding, was hit hard by inflation when the price of a new satellite concourse jumped from $92 million just last March to over $134 million today.
As you can see, inflation affects every aspect of our lives. It is costing the average American family an extra $433 per month, and it is expected to cost each household over $5,000 extra just this year alone.
Inflation isn't something you can easily turn off, but President Biden and congressional Democrats proved that their reckless, progressive policies can certainly turn it on. Since President Biden took office and Democrats gained control of both Chambers of Congress, inflation has increased every single month.
They borrowed from future generations and spent trillions of hard- earned taxpayer dollars on wasteful government programs and assured us that it wouldn't cause inflation, even though we all knew it would. That is why it is so disingenuous that the President, his administration and Democratic allies in Congress, and the mainstream media are blaming inflation on the invasion of Ukraine. To use one of the President's favorite words, that is pure malarkey.
Meanwhile, as my constituents feel more pain each day from the growing inflation disaster, the President and his administration hardly even mention it, much less offer solutions except to propose spending trillions of dollars more that we don't have, which will, of course, only make things worse. Just look at President Biden's budget proposal, where inflation is not mentioned even one time. Instead, it calls for spending a whopping $75 trillion over the next decade.
There is no denying that the massive deficit spending got us into this harmful mess, and doing more of the same certainly won't get us out of it. I and my fellow conservatives have pushed back as hard as we can against the reckless approach to governing that our Democratic friends have taken, but we have been outnumbered and outvoted.
Even though we are outgunned for now, I will nevertheless continue to work hard with my fellow Republicans to do all we can to fight back on every wasteful spending bill the Democrats bring until our commonsense conservative reinforcements are elected in the fall and arrive in January.