OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Americans Are Hurting

Floor Speech

Date: May 18, 2022
Location: Washington, DC

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Mr. SMITH of Missouri. Mr. Speaker, for the millions of Americans struggling under skyrocketing prices, President Biden's attention to this issue is a day late and many dollars short.

For the first year in office, he denied inflation existed and then dismissed it as transitory. Now, he is blaming Putin, even though inflation was already at 7\1/2\ percent before Putin's army invaded Ukraine.

It took President Biden almost a year to speak up because he doesn't see inflation as a threat to families. He sees it as a threat to his political problems and his political party's problems.

Since Joe Biden became President, inflation has risen 11 percent; gas prices are at an all-time high; real wages have gone down 2.6 percent; and our economy is shrinking. This is the result of the President's policies: high prices for food and energy, lower wages, and now a baby formula shortage.

Americans are hurting, and the President's policies are making it worse.

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