Rep. Barry Moore: Inflation rate unseen since Georgia started championship drought

Statement

Today, Rep. Barry Moore (AL-02) spoke on the floor of the House of Representatives about the historic Consumer Price Index (CPI) numbers released today by the U.S. Bureau of Labor Statistics confirming inflation rose an astonishing seven percent in the past year under the Biden administration. The U.S. has not suffered such extreme inflation since 1982, when now-Senate candidate Herschel Walker played his final season at the University of Georgia and two years after Georgia won its last national championship for over four decades.

Moore's remarks as prepared are below:

"Today, the latest Consumer Price Index numbers were revealed, confirming what any American buying gas, groceries, or other necessities already knows. Over the past year, the CPI increased an astonishing seven percent.

"That's the highest inflation rate in four decades.

"The last time we saw inflation like this, the University of Georgia football program had already begun its historic 40-plus year championship drought that only ended this week.

"This catastrophe could have been headed off. But last July, despite economists insisting it was a fantasy, the Biden administration brushed off inflation concerns as just a 'transitory' inconvenience.

"Of course, Biden -- or at least his string pullers -- knew better, but he did not want the daunting economic realities facing American families to get in the way of his massive socialist tax-and-spend agenda.

"You don't need an economics degree to know that trillions more in government spending will drive up inflation. Unfortunately, that's exactly what we are seeing.

"But if Biden and House Democrats get their way and pass their harmful Build Back Better scheme with trillions more in spending, inflation will soar like never before.

"Americans are suffering. We must defeat the Democratic agenda, restore fiscal sanity, and take meaningful steps to combat the record inflation crushing American families and businesses."

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