Inflation causing unemployment, thanks to O’Halleran and Stanton
January 11, 2022
Federal Reserve Chair Jerome Powell told the Senate Banking Committee today that “high inflation is a severe threat to the achievement of maximum employment.”
Tom O’Halleran and Greg Stanton are both pretending inflation doesn’t exist, but they haven’t shied away from touting Biden’s American Rescue Plan, which caused the inflation crisis.
NRCC Comment: “Tom O’Halleran and Greg Stanton’s may act like inflation doesn’t exist, but their reckless spending spree is forcing Arizonans to pay more for everyday goods and causing an unemployment crisis.” –NRCC Spokeswoman Torunn Sinclair