[Congressional Record Volume 172, Number 99 (Thursday, June 11, 2026)]
[Senate]
[Pages S2742-S2743]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                               INFLATION

  Mr. SCHUMER. Mr. President, well, it may genuinely be impossible for 
Trump to be more out of touch with the American people than he already 
is. After Trumpflation reached a record high yesterday, Donald Trump 
said:

       The numbers are great . . . I love the inflation.

  That is what he said. Those are his words.

       The numbers are great . . . I love the inflation.

  That is when inflation hit a record high, long-time high of 4.2 
percent. Look at this guy. How out of touch is he?
  Donald Trump, the American people hate the inflation. They are 
shouting it from the rooftops every day: Bring costs down. And Donald 
Trump says ``I love the inflation.''
  What is wrong with him? How out of touch is he? It is sickening, and 
you can't even make this stuff up. Americans are losing their homes. 
Parents are working multiple jobs just to feed their kids. Workers are 
walking to their jobs because they can't afford to fill up their tanks, 
but Donald Trump has the audacity to say ``I love the inflation.''
  In fact, I was told that a veteran in New York one night had to 
choose between feeding his child and feeding his service dog. Isn't 
that--doesn't that make you sad?
  What we are seeing from Trump isn't just benign neglect or blind 
indifference. Trump is actively rooting for the financial demise of the 
American people when he says ``I love the inflation.''
  What is Trump thinking? Did Trump lose a bet where he had to say the 
most asinine, tone-deaf thing imaginable on national television?
  Trump has torched the American economy with his tariffs, with his 
disastrous war in Iran, and with his unprecedented cuts to healthcare 
and other vital services. Now most arsonists flee the scene of the 
crime; Donald Trump calls a press conference. The only thing Donald 
Trump loves more than inflation is the corruption.
  As Americans live through a financial nightmare, Donald Trump is 
living out his billionaire dreams: golden ballrooms, lavish gifts from 
foreign countries, sweetheart deals for his family business, taxpayer-
funded cash payouts for him and his cronies through the slush fund.
  Apparently, Senate Republicans love the inflation too, helping Trump 
every step of the way as he drives up costs and lines his pockets. You 
would think

[[Page S2743]]

given how out of touch Trump is, given how he talks about loving 
inflation while the American people are suffering, that some of our 
Republican colleagues would have the guts to cross the aisle and join 
us in fighting this inflation. But instead, silence, fear, knees 
knocking because they are afraid of Trump.
  Well, we will see how much Trump and the GOP love inflation come 
November.

                          ____________________