Job Creators Network Responds to May CPI

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the May Consumer Price Index, which rose by 4.2%, and CORE CPI, which rose by 2.9%:

“High inflation is wholly a product of the temporary energy spike due to the Iran War. Ongoing strong small business creation and job numbers demonstrate that job creators understand that this time, high inflation is truly transitory. Gas prices would have been even higher if it weren’t for President Trump’s energy dominance agenda. Other pro-growth policies, such as tax cuts and deregulation, have primed small businesses to drive the economy to new heights when hostilities conclude and energy prices come back down.”