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Friday, November 22, 2024

California U.S. Rep Jay Obernolte: "Tragically, this increase in inflation is caused by irresponsible government spending. A new study..."

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Jay Obernolte tweeted the following:

"Tragically, this increase in inflation is caused by irresponsible government spending. A new study from the Federal Reserve Bank of San Francisco finds inflation is higher in the U.S. compared to other countries because of Congress' enormous spending. frbsf.org/wp-content/upl"
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Here are other recent tweets from Jay Obernolte:

"This morning, the Bureau of Labor Statistics released another disastrous report showing that inflation continues to worsen, with consumer prices in March rising 8.5% over the year (compared to 7.9% in February). bls.gov/news.release/p"
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"Unfortunately wage growth also continues to slow, with real hourly earnings falling 2.7% over the year in March. bls.gov/news.release/p"
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"America is safest when we are energy independent. Im proud to cosponsor a series of 6 bills to restore American energy dominance, lower skyrocketing prices, and promote all-of-the-above energy solutions. obernolte.house.gov/media/press-re" on April 11
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