NYT: ‘American Rescue Plan’ driving inflation
October 19, 2021
The New York Times reports that Democrats’ socialist stimulus is driving inflation.
From the article: “Inflation is likely getting a temporary boost from the $1.9 trillion coronavirus relief package that the Biden administration ushered in early this year, new Federal Reserve Bank of San Francisco research released on Monday suggested.”
NRCC Comment: “Democrats’ reckless spending overheated the economy and now Americans are paying higher prices for just about everything.” – NRCC Spokesman Mike Berg