Job Creators Network Responds to September Consumer Price Index
Alfredo Ortiz, CEO of Job Creators Network, released the following statement on September’s consumer price index, which rose by 0.2% (2.4% year over year) and Core CPI, which rose by 0.3% (3.3% year over year).
“In the last reading before the election, CPI came in hot and above expectations, revealing the Biden-Harris administration was never able to get this issue under control and back to the Federal Reserve’s target rate. Under the Biden-Harris administration, inflation increased by a total of 21%. In other words, the value of the dollars in American wallets has declined by one-fifth, preventing ordinary people from making ends meet.
“This alone means Kamala Harris does not deserve a promotion to the Oval Office. She cast the tiebreaking vote in $3 trillion of unnecessary deficit spending that bid up prices and diluted the currency. Pro-growth conservatives who believe in a sound dollar, economic growth, and deficit reduction are urgently needed in Congress and the White House to make America affordable again.”