Democrat Congresswoman: Inflation Is ‘A Theoretical Word That Economists Use’
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,