[Congressional Record Volume 167, Number 199 (Tuesday, November 16, 2021)]
[House]
[Page H6276]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  BIDEN INFLATION HIGHEST IN 40 YEARS

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, the Bureau of Labor 
Statistics reports that the October Consumer Price Index has increased 
6.2 percent in a year with Biden inflation. Annualized, this means 
inflation is going to be 7.4 percent, which would make it the highest 
rate since 1982, the highest rate of inflation in over 40 years.
  At the same time, in 7 of the last 9 months, real wages have fallen 
and workers lost 2.6 percent of their salaries by the end of the first 
Biden year. Biden and the Democrats are accelerating inflation with 
insane spending bills, which now total over $5 trillion.
  Democrat elite think they are smarter than anyone, and they think 
Democrat voters are ignorant to believe $5 trillion in spending costs 
zero dollars. You pay with Biden inflation.
  In conclusion, God bless our troops, who successfully protected 
America for 20 years as the global war on terrorism continues moving 
from the Afghanistan safe haven to America.

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