[Congressional Record Volume 167, Number 183 (Tuesday, October 19, 2021)]
[House]
[Page H5644]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATION IS AT A 30-YEAR HIGH
(Mr. MURPHY of North Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. MURPHY of North Carolina. Mr. Speaker, I rise today on behalf of
American families and small businesses in North Carolina who are having
to confront not only the pandemic but President Biden's truly
disastrous and shortsighted economic policies.
Inflation is at a 30-year high. Gas prices are up 42 percent. Hell,
even the cost of bacon has gone through the roof.
We are hurtling backwards under liberal control, and the fact that
Democrats are trying to sell a free $5.5 trillion package as the
solution is an embarrassment and a snake oil lie to the American
people.
Let's be clear. Most liberal elites and progressives in Washington
have never run a business. They have never signed both sides of a
paycheck, and they have never had to make the heartbreaking decision
between feeding their families and keeping their businesses open.
At a small business roundtable, one local bakery owner said that
crippling inflation, the self-induced labor shortage, and supply chain
disruptions have created such a fragile environment that he is one
worker away from bankruptcy.
This bakery owner even raised his own employee pay by $4 an hour and
took a second job to make ends meet, and he still cannot fill job
vacancies.
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