The DFL's affordability LIE exposed
The DFL is about to have an affordability crisis. They don't have a crisis because I haven't laid out the truth ... YET! Let's look at the truth of who caused the affordability crisis and why we haven't gotten rid of the high prices. First, it's important to remind people how we got the high prices in the first place. Thanks to Speaker Pelosi's 'leadership' and Amy Klobuchar's cowardice, Democrats passed the American Rescue Plan, which spent $1,900,000,000,000 at a time when 3 important things were happening. First, inflation was 1.4% the day President Trump left office. Next, the economy was growing at a 6.5% rate in the first quarter of 2021 after growing at a 4.8% rate in the last quarter of 2020. There was no need to stimulate the economy at that point! Period! Third, Steven Ratner, Obama's chief economist, warned against passing the bill. So did Lawrence Summers, Clinton's final Treasury Secretary. Just 15 months later, inflation hit 9....