NM inflation is up, paychecks are down

The inflation crisis Joe Biden, Melanie Stansbury and Teresa Leger Fernández caused is getting worse, and New Mexicans are seeing record price increases everywhere.

The Washington Post reports inflation has jumped to 8.6% in May, the highest since 1981 and a new post-pandemic record.

Additionally, real wage gains slowed down at the fastest pace since 2006.

NRCC Comment: “Melanie Stansbury and Teresa Leger Fernández’s reckless spending is destroying the American economy.” – NRCC Spokeswoman Torunn Sinclair