Inflation is back

Inflation is back because Democrats passed a wasteful stimulus that is overheating our economy.

Larry Summers, who served as the Secretary of the Treasury in the Clinton administration and as director of the White House National Economic Council in the Obama administration, wrote an op-ed earlier this week arguing “the primary risk to the U.S. economy is overheating — and inflation.”

New analysis from CNN: “From used cars and gasoline to lumber and food, prices are surging. The return of inflation, after a decades-long absence, is squeezing families and businesses recovering from the pandemic.”

Jason Furman, chairman of President Barack Obama’s Council of Economic Advisers, recently said that the American Rescue Plan is definitely “too big for the moment,” stating: “I don’t know of any economist that was recommending something the size of what was done.”

All this proves Democrats’ socialist agenda is hurting American families and voters will hold them accountable.