Inflation causing unemployment, thanks to Luria and Spanberger

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.”

Similarly, Abigail Spanberger called inflation “a problem” and Elaine Luria said she’s “worried” about it.

But if Spanberger and Luria are so concerned about inflation why did they both support Biden’s American Rescue Plan, which caused the inflation crisis?

NRCC Comment: “Abigail Spanberger and Elaine Luria’s reckless spending spree is forcing Virginians to pay more for everyday goods and causing an unemployment crisis.” –NRCC Spokeswoman Camille Gallo