Politico: Could Larry Summers be right about inflation?

January 1, 1970

Politico reports that liberal economist Larry Summers is even more concerned about inflation now than when he first cautioned Democrats against passing the $1.9 trillion American Rescue Plan.   

But inflation concerns aren’t stopping Democrats from trying to spend even more money on their socialist agenda with reports revealing that Senate Dems are trying to pass another $3.5 trillion in left-wing giveaways.

NRCC Comment: “Democrats ignored warnings that their socialist stimulus would cause inflation and are looking to spend even more. Voters will hold them accountable for their reckless spending.” ­– NRCC Spokesman Mike Berg