Weekly Update – 8-16-22

Weekly Update

It seems there are some conflicting reports in our federal government. You see, the White House Press Secretary, as well as President Biden, reported 0% inflation in July.

However, the Bureau of Labor Statistics (BLS) clearly reported the July Consumer Price Index at 8.5% inflation.

If we look at the prices ordinary people are paying for groceries and gas, we feel the pain that some Washington offices may not want to admit. In fact, according the BLS, grocery prices increased 13.1% from one year ago, which is the largest increase in 43 years! Families feel that increase on Taco Tuesdays!

If the White House believes there is zero inflation, then why does the country need the Inflation Reduction Act of 2022?

As G. K. Chesterton wrote, “It isn’t that they can’t see the solution. It is that they can’t see the problem.”

We are trying to make sure that they see and understand the problems. Join us in that mission!