This morning, the U.S. Department of Labor announced inflation is at 8.3%! This means Michigan families and seniors are experiencing some of the highest rates in 40 years.
"Today's inflation report confirms what Michigan families already know: prices have skyrocketed and their money is not going as far as it used to. President Biden’s policies have contributed to the high cost of energy, groceries, and other essentials,” said Congressman Moolenaar. "Before the pandemic, I voted for conservative policies that led to low inflation and rising wages. Michigan families would benefit if President Biden would end his misguided spending policies and allow more American energy development."
Washington Post Economic Reporter Heather Long detailed the highest price increases facing Americans.
Original source can be found here.
