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2 results for "tag:inflation-framing"

Post from Truth Social

Rep. ByronDonalds: "Inflation when Donald Trump left office was 1.4% year-over-year...When Joe Biden and Kamala Harris came into office, many states were already back to work...and when they wanted to his 'American Rescue Plan,' which she co-signed, we told them on Capitol Hill, you're going to create a labor shortage, which is going to create inflation."

Video transcript 1:26

But I can't let you get away with what you just said about the American Rescue Plan and this inflation that has crippled families here in Philadelphia and all through the state of Pennsylvania and all across the country. Inflation when Donald Trump left office was 1.4% year over year. The stimulus package measures that he put into place was when the economy was flat on its back because the world was shut down because of COVID-19. When Joe Biden and Kamala Harris came into office, many states were already back to work. Their economies were already opening. And when they wanted to do his American Rescue Plan, which she co-signed because she was the tie-breaking vote, we told them on Capitol Hill, you're going to create a labor shortage, which is going to create inflation. Because what they wanted to do was do a massive child tax credit, which by the way is the cornerstone of her economic agenda. That child tax credit coupled with all of the other unemployment benefits that Joe Biden wanted to do, that's what caused the labor shortage. The labor shortage in an economy that was already opening up is what caused the massive inflation. So we need to be crystal clear on this. There were bipartisan packages to support the American people during COVID-19. Everybody knows we would do that stuff again. But Joe Biden and Kamala Harris didn't need to do the American Rescue Plan. He wanted to do that for his own agenda, for his own name, and it wrecked our economy. and that's why Americans are suffering today.

Transcribed automatically. Expect errors in names and numbers.

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Post from X (Twitter)

Inflation is here. Record beef prices are hitting consumers pockets http://t.co/NoJ0mgCS2L Bad for family grills.

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