Pelosi On Inflation: ‘We Have To Change That Subject,’ ‘No’ Regret Passing Spending That Boosted Inflation
Daily WireJUL 2022
The economy is getting back on track. The US annual deficit has seen its largest one-year drop in history, while gas prices are falling and unemployment rates are lowering. If voters hand control of Congress over to Republicans in these midterm elections, Americans will be electing a group that are willing to crash the economy and put the US in default in order to achieve their ideologically driven agenda of Social Security and Medicare cuts.
The US is heading towards stagflation and the Biden admin. is to blame. Democrats have failed to take action against the worst inflation in decades, deeming it as transitory and fictitiously blaming soaring prices on corporate greed and Putin's invasion of Ukraine. In fact, it is down to reckless government spending at a time of restricted supply. A Republican Congress is needed to curb Biden's big-spending and end this crisis for working Americans.