IA inflation is up, paychecks are down

June 10, 2022

The inflation crisis Joe Biden and Cindy Axne caused is getting worse.

The Washington Post reports that 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: “Joe Biden and Cindy Axne’s reckless stimulus bill is destroying the American economy.” – NRCC Spokesman Mike Berg