From the NRSC:
We suggest the Wall Street Journal Editorial Board writes this editorial and headline a few more times between now and November to ensure the Biden Administration and Senate Democrats get the message.
“This isn’t Putin’s inflation” at all. Because of Democrats’ reckless spending sprees and policies to stifle U.S. energy production, the cost of everything from rent and utilities to gas and groceries has rose at the fastest rate in 40 years. Since Joe Biden and Democrats took charge of Washington, families and job creators have been forced to fork over more and more of their hard-earned paychecks just to get by.
As the Editorial Board wrote:
“White House aides were out in force on Monday warning that Tuesday’s inflation report would be ugly and blaming it on Vladimir Putin. No doubt that beats blaming your own policies. But inflation didn’t wait to appear until the Ukraine invasion, and by now it will be hard to reduce […]
“[…] the inflation trend began in earnest a year ago at the onset of the Biden Presidency. It has accelerated for most of the last 12 months. That’s long before Mr. Putin decided to invade. The timing reflects too much money chasing too few goods, owing mainly to the combination of vast federal spending and easy monetary policy […]
“Still, the overall price news is terrible for American workers and consumers. The March surge means that real wages fell 0.8%, or a decline of 2.7% in the last year. (See the nearby chart.) Real average weekly earnings fell a striking $4.26 in March alone, and they’ve fallen nearly $18 during the Biden Presidency. If you want to know why Americans are sour about the economy even as jobs are plentiful, this is it. Their real wages are falling while the prices of everyday goods and services are rising fast. The average worker Democrats invoke when they demand more federal spending is getting crushed by the inflationary consequences of too much federal spending.”
CLICK HERE to read the full editorial from the Wall Street Journal.
