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Dems’ Tax-and-Spend Spree Caused Inflation, Forced Small Businesses to Raise Prices

February 24, 2022 — Blog    — Press Releases    — Select Revenue Measures   

Inflation skyrocketed after President Biden’s “COVID stimulus” forced small business owners to raise prices as government spending worsened inflation, a worker shortage left them desperate for workers, and looming tax hikes threatened their futures.

A new chart from TheRightFacts.org uses Consumer Price Index (CPI) data from the Bureau of Labor Statistics to show that inflation has increased since the day President Biden took office in January 2021, and began its rise to the fastest rate in 40 years the month directly after Democrats rammed through their partisan $1.9 trillion bill (March 2021).

 

CLICK HERE to view the chart.

 

KEY BACKGROUND:

 

 

READ: FACT CHECK: The Real Reason Behind High Energy Costs

 

 

READ: Brady Warns Dems’ Crippling Tax Hikes are Still on the Table

 

 

READ: Even Biden’s Favored Economic Forecaster Doubts Dems ‘Fix’ for Bidenflation