November 9, 2021 | Rapid Response | RNC Communications
Economy

7 months, 7 record price hikes

Rapid Response

Bidenflation keeps on roaring.

For seven months in a row, the producer prices index has increased at the highest pace on record, last month matching the record high set the month before of 8.6%. Core producer prices – stripping out food and energy – rose by 6.8%, tying last month’s new record high.

 

And before White House Chief of Staff Ron Klain has a chance to pipe in claiming these are “high class problems,” remember that those most impacted by Biden’s hidden tax of rising prices are American families least able to afford it.

Shot: Klain insists rising food prices are “high class problems.”

 

 

Chaser: With food shortages, surging prices, and a supply chain crisis, CBS News reports on “the growing struggle to feed families in need.”

 

 

Biden’s socialist spending is levying an unprecedented inflation tax on the American people, and families can’t afford it.