Inflation

I want to talk to you today about inflation. Everybody has been hammered over the last three and a half years by the price increases of everything. What it costs you to buy your groceries, the price of gas, the price of housing, whether you’re renting or whether you’re trying to buy a home. Why has this occurred? Why are we having the worst bout of inflation in the last 40 years? It’s real simple: Joe Biden and his Democratic allies like Senator Baldwin spent ungodly amounts of money and racked up trillions of dollars in debt. And as a result of that, that debt has to be monetized by the Federal Reserve. This is unsustainable. It’s hammering middle-income and lower-income people, and particularly our elderly that rely on fixed incomes. Dealing with inflation and trying to correct this problem will be one of my top priorities.