Saturday, August 13, 2022

Rep. Jayapal: Inflation Is A "Theoretical Word That Economists Use"

Rep. Pramila Jayapal (D-WA) defended the Inflation Reduction Act and dismissed inflation as a "theoretical word" on Friday to reporters outside of the Capitol building: "It is ultimately going to lead to a reduction in overall inflation, but most importantly, to the budget that people have every single day. Inflation is like a theoretical word that economists use, but what families feel every day is the up or down of costs."

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