[Congressional Record (Bound Edition), Volume 157 (2011), Part 9]
[House]
[Page 13374]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           RISING FOOD PRICES

  (Mr. BURTON of Indiana asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. BURTON of Indiana. Mr. Speaker, the Fed Chairman, Ben Bernanke, 
said last week when he was giving his speech that we didn't really have 
to worry about inflation, that the long-term inflation problem would 
not get beyond 2 percent. So in case Mr. Bernanke or the administration 
is paying attention, I'd like to read a few facts to them.
  The price of milk has gone up 38 percent since last year. The price 
of sugar is up 20 percent since last year. The price of corn is up 62 
percent since last year. As of August, beef prices grew 13 percent, or 
52 cents a pound, since last year--the largest increase in the last 7 
years. Gasoline is up 35 percent from a year ago, 98 cents a gallon, 
and the projected inflation rate is much, much higher than the 
administration or the Fed says is going to occur.
  So I hope that we will stop these Keynesian policies, these 
socialistic policies, these big-spending policies that are killing the 
American people.

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