Inflation Hasn’t Gone Away
August 7, 2023
It’s been one year since Frank Mrvan voted for the disastrous Inflation Reduction Act, which has done the opposite of what its title suggests.
Some alarming price increases over the past year include:
- Pet Food: +12.1%
- Bread: +11.5%
- Fruits and Vegetables: +8.8%
- Rent: +8.3%
- Baby Food and Formula: +7.5%
- All Food: +5.7%
- Electricity: +5.4%
All of this is bad enough, but lest we forget that mortgage rates have topped 7% to a 20 year high AND Fitch Ratings cut our national debt rating from AAA to AA+.
“Everything Biden and his extreme enablers in Congress like Frank Mrvan do is a failure; their handling of the economy is no exception.” – NRCC Spokesman Chris Gustafson