“Any time you put more money into the economy, prices tend to rise.”
During an appearance on MSNBC this week, Rep. James Clyburn (D-SC) seemed to admit that Democrats knew that putting so much money into the economy through Biden’s recovery plan would cause inflation.
It’s a stunning admission, and it’s not clear that Clyburn knew how it would be interpreted.
Ian Hanchett reported at Breitbart News:
Clyburn: We ‘Knew’ ‘Recovery Program’ Would Cause Inflation, ‘I Resent’ Those Who’d Rather Have Cheaper Gas than Jobs and Education
On Thursday’s broadcast of MSNBC’s “Jose Diaz-Balart Reports,” House Majority Whip Rep. James Clyburn (D-SC) stated that “all of us knew” prices would increase “when we put in place this recovery program. Any time you put more money into the economy, prices tend to rise.”
Clyburn also stated that President Joe Biden put kids back in school and has ensured schools are “getting fixed up for climate change” and said, “I resent people who feel that we would much rather not have jobs and education so long as we can pay ten cents less for a gallon of gasoline.”
Clyburn said, “Well, let me make it very clear, all of us are concerned about these rising costs. And all of us knew this would be the case when we put in place this recovery program. Any time you put more money into the economy, prices tend to rise. And we do know that price gouging takes place. … We knew that the moment we went to aid the Ukrainians, the Russians would do what they could possibly do to undercut this administration. So, they cut this deal with the OPEC nations to reduce the production of oil so as to drive the price of gasoline up.”
Watch the clip below:
🚨 🚨 Clyburn says *every single* House Democrat knew their stimulus would cause record inflation and they did it anyway.
"All of us knew this would be the case… anytime you put more money into the economy, prices tend to rise."
— Calvin Moore (@CalvinMoore_) October 20, 2022
Senate Republicans were quick to highlight this:
🚨WATCH: House Democrat Whip Jim Clyburn claims Democrats KNEW their wasteful spending would cause inflation — but they did it anyway. pic.twitter.com/ojiMf41MTj
— Senate Republican Communications Center (@SRCC) October 20, 2022
Nick Arama of RedState says Republicans should run this clip on a constant loop from now to election day:
Dems Are Toast After Jim Clyburn’s Damaging Admission About Inflation
We’re now down in the final stretch of the midterms, and the top issue for Americans going into voting is — not surprisingly — the crushing inflation.
That issue is already hurting the Democrats badly because most people blame Joe Biden and the Democrats for overspending.
But now, House Majority Whip Jim Clyburn (D-SC) just made an admission that is going to do them in. He appeared on MSNBC on Thursday with José Díaz-Balart, who asked him about Americans’ concerns about the rising prices of everything. Republicans should run his response on a constant loop in every remaining ad between now and the election, particularly in battleground states. He admitted they knew all along rising prices would result from their “recovery” plan.
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