[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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