{"id":1211409,"date":"2022-01-12T14:34:13","date_gmt":"2022-01-12T19:34:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1211409"},"modified":"2022-01-12T14:34:23","modified_gmt":"2022-01-12T19:34:23","slug":"republicans-slam-biden-policies-clobbering-working-families-with-record-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-slam-biden-policies-clobbering-working-families-with-record-inflation\/","title":{"rendered":"Republicans Slam Biden Policies, \u2018Clobbering\u2019 Working Families With Record Inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublicans-slam-biden-policies-clobbering-working-families-with-record-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1211409&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>Republican leaders slammed President Joe Biden on Wednesday after a U.S. Bureau of Labor Statistics (BLS) release showed inflation surging to its highest level in almost 40 years.<\/p>\n<p>The Consumer Price Index (CPI), a key inflation index, <a href=\"https:\/\/dailycaller.com\/2022\/01\/12\/inflation-bureau-labor-statistics-department-jerome-powell\/\" target=\"_blank\" rel=\"noopener noreferrer\">grew<\/a> 0.5% in December to 7% on a year-over-year basis, according to the BLS report, the highest level since 1982. Leaders immediately criticized the president for failing economic policies and skyrocketing prices.<\/p>\n<p>\u201cPresident Biden\u2019s failed economic policies are clobbering hard-working families and seniors,\u201d Ranking Member of the House Committee on Economic Disparity Bryan Steil told the Daily Caller News Foundation.<\/p>\n<p>\u201cWhile the White House touts \u2018wage gains,\u2019 workers are seeing their paychecks wiped out by higher prices and skyrocketing inflation,\u201d Steil said, calling for an immediate change in economic policy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 WOW \ud83d\udea8 December inflation off the charts<\/p>\n<p>\u274c Consumer Price Index up 7%, largest increase in forty years<br \/>\u274c Core inflation (subtracts food &amp; energy costs) up 5.5%, highest in over two decades<\/p>\n<p>Even <a href=\"https:\/\/twitter.com\/MSNBC?ref_src=twsrc%5Etfw\">@MSNBC<\/a> knows Biden\u2019s economic agenda is a total failure \u2b07\ufe0f <a href=\"https:\/\/t.co\/dk4fQMCEoS\">pic.twitter.com\/dk4fQMCEoS<\/a><\/p>\n<p>\u2014 Rep. Andy Barr (@RepAndyBarr) <a href=\"https:\/\/twitter.com\/RepAndyBarr\/status\/1481301468007256065?ref_src=twsrc%5Etfw\">January 12, 2022<\/a> <\/p>\n<\/blockquote>\n<p>Biden\u2019s overspending during the pandemic has done nothing but promote the soaring cost of goods, House Minority Leader Kevin McCarthy told the DCNF. <strong><a href=\"https:\/\/dailycaller.com\/2022\/01\/07\/republican-joe-biden-job-report-kevin-mccarthy-bryan-steil\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED: Republican Leaders Slam Biden\u2019s \u2018Massive Miss\u2019 On Latest Jobs Report)<\/a><\/strong><\/p>\n<p>\u201cDespite the glaring warnings signs, President Biden\u2019s only strategy has been to spend more and do nothing to get ahead of these soaring costs,\u201d McCarthy <a href=\"https:\/\/www.republicanleader.gov\/leader-mccarthys-statement-on-decembers-devastating-cpi-increase\/\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> in a statement. \u201cNow, six months later, we know they were either misleading or completely incompetent in their assessment.\u201d<\/p>\n<p>\u201cThis upward trajectory speaks for itself, and it all happened under Biden\u2019s watch,\u201d McCarthy said.<\/p>\n<p>Americans are starting to realize <a href=\"https:\/\/dailycaller.com\/2022\/01\/04\/poll-joe-biden-disapproval-record-high\/\" target=\"_blank\" rel=\"noopener noreferrer\">Biden\u2019s<\/a> failed economic policies have led to soaring costs across all categories of goods, Republican Louisiana Sen. John Kennedy told the DCNF.<\/p>\n<p>\u201cFrom the gas pump to the grocery store, inflation is hurting Louisiana families,\u201d Kennedy told the DCNF. \u201cPresident Biden\u2019s unrepentant tax-and-spend agenda caused this 40-year price spike, and Americans know it.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It may be a new year, but the pain of inflation is still very much a reality as confirmed by today\u2019s Consumer Price Index. It\u2019s reckless that Democrats would rather bury their heads in the sand than actually confront issues like inflation. Tennesseans deserve better. <a href=\"https:\/\/t.co\/gBjJ9Oe4KV\">pic.twitter.com\/gBjJ9Oe4KV<\/a><\/p>\n<p>\u2014 Senator Bill Hagerty (@SenatorHagerty) <a href=\"https:\/\/twitter.com\/SenatorHagerty\/status\/1481316021202034690?ref_src=twsrc%5Etfw\">January 12, 2022<\/a> <\/p>\n<\/blockquote>\n<p>\u201cWith massive inflation and a serious supply chain crisis on our hands, Washington needs to stop considering tax hikes, job killing regulations, suffocating new mandates, and increased spending that our nation can\u2019t afford,\u201d Republican New York Rep. Lee Zeldin told the DCNF. <strong><a href=\"https:\/\/dailycaller.com\/2022\/01\/10\/federal-reserve-richard-clarida-jerome-powell-lael-brainard\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED: Fed Vice Chair To Resign Earlier Than Expected After Fraud Allegations)<\/a><\/strong><\/p>\n<p>\u201cThis is our economy on printed money. Modern Monetary Theory always fails. Sound Money always works,\u201d Ohio Republican Rep. Warren Davidson told the DCNF.<\/p>\n<p>Overprinting and the surging costs of goods had a rippling effect on the economy, worsening the <a href=\"https:\/\/dailycaller.com\/2022\/01\/05\/private-job-growth-surges-in-december-doubling-expectations\/\" target=\"_blank\" rel=\"noopener noreferrer\">labor market<\/a> and <a href=\"https:\/\/dailycaller.com\/2022\/01\/06\/trade-deficit-record-commerce-department\/\" target=\"_blank\" rel=\"noopener noreferrer\">supply chain bottlenecks<\/a>.<\/p>\n<p>\u201cUnder Joe Biden everything costs more, store shelves are empty, and small businesses are struggling to hire workers and stay open,\u201d Republican National Committee (RNC) Chair Ronna McDaniel <a href=\"https:\/\/gop.com\/press-release\/rnc-statement-on-december-consumer-price-index\/\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> in a statement. \u201cAmericans are paying the price for Biden\u2019s failures, and Biden doesn\u2019t care.\u201d<\/p>\n<p>Fixing the inflation problem will be key to recovering the struggling <a href=\"https:\/\/dailycaller.com\/2022\/01\/07\/bureau-labor-statistics-department-jobs-report-199000-below-expectations\/\" target=\"_blank\" rel=\"noopener noreferrer\">labor<\/a> market, House Ways and Means Ranking Member Kevin Brady told the DCNF.<\/p>\n<p>\u201cAs Chairman Powell said yesterday, inflation is a severe threat to getting workers off the sidelines and back into the workforce\u2014yet the Biden Administration has ignored it, denied it, and is now passing the buck for their own incompetence,\u201d Brady <a href=\"https:\/\/gop-waysandmeans.house.gov\/brady-biden-democrats-ignored-inflation-denied-it-and-now-pass-the-buck-for-incompetence\/\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> in a statement.<\/p>\n<p>The U.S. economy <a href=\"https:\/\/dailycaller.com\/2022\/01\/07\/bureau-labor-statistics-department-jobs-report-199000-below-expectations\/\" target=\"_blank\" rel=\"noopener noreferrer\">added<\/a>&nbsp;199,000 jobs in December, far below economist\u2019s projections of 422,000 and marking one of the weakest reports since Biden took office. Unemployment dipped to 3.9% in December from November\u2019s 4.1% figure.<\/p>\n<p>Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republican leaders slammed President Joe Biden on Wednesday after a U.S. Bureau of Labor Statistics (BLS) release showed inflation surging to its highest level in almost 40 years.The Consumer Price &#8230;<\/p>\n","protected":false},"author":86,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1211409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1211409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1211409"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1211409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1211409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1211409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1211409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}