Inflation Decline is The Result of Republican Affordability Policies

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the November consumer price index, which rose by 2.7%, and Core CPI, which rose by 2.6%:

“Falling inflation is the result of Republican affordability policies such as tax cuts, deregulation, and energy dominance. President Trump’s deregulation and drill-baby-drill energy policies have resulted in gas prices falling to their lowest level in several years. Since gas is an input cost in almost all goods and services, this has put downward pressure on prices throughout the economy. Meanwhile, small-business tax cuts are allowing entrepreneurs to expand and innovate, increasing supply and further moderating inflation. Republicans are the affordability party, and are succeeding at increasing Americans’ real wages and standards of living. To turbocharge this effort, the Senate must pass House Republicans’ healthcare bill that expands association health plans and significantly reduces out-of-control healthcare costs.”