JCN Highlights Biden Pay Cut, Calls For Build Back Better to Be Scrapped in Light of 30-Year High Inflation

Alfredo Ortiz, president and CEO of the Job Creators Network (JCN), released the following statement in response to the October Consumer Price Index increasing by 6.2 percent:

“Inflation is surging, resulting in a Biden pay cut where real wages are significantly falling and Americans’ living standards are declining. Inflation shows no signs of slowing down. In fact, it’s just the opposite. Thanks to President Biden and Congressional Democrats’ policies, inflation reached a 30-year high last month. I’ve been warning about the inflationary consequences of a Biden presidency since the beginning of his term, and I’m sad to see that I’ve been proven so correct. Ordinary Americans and small businesses are suffering enormously due to these spiraling prices, putting them further and further behind and reversing the vaccine-induced economic recovery. This inflation should be the final spike in the coffin of President Biden’s inflationary $4 trillion Build Back Better plan. No legislator should support it because it risks turning this historically high inflation hyper.”