On Friday, Democrat Congresswoman Pramila Jayapal (WA) dismissed inflation as a “theoretical word” ahead of the House Democrats’ vote to pass a massive spending bill.
The $740 billion spending bill, which will raise taxes on virtually all Americans and is primarily focused on climate spending, has been ironically dubbed the “Inflation Reduction Act.” As Jayapal dismissed inflation, she also said the bill would reduce inflation.
“It is ultimately going to lead to a reduction in overall inflation, but most importantly, to the budget that people have every single day,” Jayapal said. “Inflation is, like, a theoretical word that economists use, but what families feel every day is the up or down of costs.”
Rep. Pramila Jayapal downplays inflation and says it's like a "theoretical word that economists use." pic.twitter.com/tWvjvAm0XN
— The Post Millennial (@TPostMillennial) August 12, 2022
Jayapal’s comments come shortly after a survey from YouGov revealed that only 12% of Americans believe the Democrats’ “Inflation Reduction Act” will actually reduce inflation. The same day the survey was released, a group of 22 Republican governors released a joint statement slamming the spending package, echoing Americans’ concerns that it would worsen inflation.
The group was led by Governors Henry McMaster (R-SC) and Brian Kemp (R-GA).
“The Democrats’ solution to 40-year high inflation is passing another reckless tax and spending spree to the tune of $740 billion, affecting Americans in every tax bracket,” the statement said. “While denying recession, Democrats want to raise taxes on businesses and manufacturers, which will force higher costs onto consumers, worsen inflation, and aggravate shortages.”
“With sky high prices at the pump, the last thing Americans need is for Democrats to punish energy producers, which will ultimately hurt working families struggling to pay for gas, goods, food, and utilities,” the statement continued. “Our citizens cannot afford Joe Biden’s broken promises on taxes and Democrats’ inflationary spending that will only exacerbate the economic crisis they created.”