- October 22, 2021
ICYMI: Senator Marshall Discusses Bidenflation on the Senate Floor
(Washington, D.C., October 22, 2021) – U.S. Senator Roger Marshall, M.D. spoke on the Senate floor earlier this week to discuss the inflation that is wreaking havoc on Kansas families and all Americans. Senator Marshall said in part,
“Unfortunately, the inflation we are seeing is a double whammy: you have less money to spend and the things you are able to buy cost more. It’s hurting every hard working American… but none more than our seniors and young families living paycheck to paycheck… Just last week I was in Kansas to meet with union members who are facing the difficult choice of keeping their jobs or getting the COVID vaccine. These folks are not just mad, they are panicked as it’s literally JOB or JAB for them. In fact, the unions I spoke with estimate they will lose 30-50% of their workforce due to Joe Biden’s vaccine mandate. This will make both our supply chain shortages as well as inflation even worse…”
You may click HERE or on the image below to watch Senator Marshall’s speech.
Text of Senator Marshall’s Remarks as Prepared:
I come to the Senate floor today with a warning for Kansans and all Americans that the inflation we are seeing – BIDEN-FLATION as I call it – is here to stay so long as those on the left continue to jam through reckless tax and spend bills.
Unfortunately, the inflation we are seeing is a double whammy: you have less money to spend and the things you are able to buy cost more.
It’s hurting every hard working American… but none more than our seniors and young families living paycheck to paycheck.
No, President Biden – inflation is not a problem of the “high class!”
Indeed, there is no equity in BIDEN-FLATION.
Make no mistake, this inflation and all of its lingering effects rest squarely on the shoulders of President Biden’s failed socialist policies – it’s yet another crisis created by this Administration.
Having lived through the 70’s and 80’s, I’ve seen inflation happen first hand – I’ve seen it bring so many businesses down. To put it in simpler terms, inflation is a vicious cycle like a dog chasing its tail – and the tail is on fire.
And of course the Biden Administration has been throwing gasoline on this fire since the moment they took office.
Today’s inflation crisis began with Joe Biden’s boondoggle stimulus bill and the proceeding labor shortage. For months now, we’ve seen help wanted signs everywhere, from the small mom-and-pop shops on Main Street to big hotel chains and fast food restaurants. Employers are struggling to fill the open jobs they have, despite raising wages and offering return to work bonuses.
This labor shortage is having a rippling effect across our economy, from slowing down the supply and logistics chains to putting an unfair burden on employees who choose to show up. This ripple has turned into a tidal wave of inflation… and now a full blown tsunami.
But the ripples don’t stop there.
The cost of living has increased as a result of production delays caused by labor shortages. Higher costs at home, such as the cost of gasoline, vehicles, groceries, and energy costs, cause workers to go on strike asking for higher wages just to make ends meet. Folks, I’ve got news for you, wages never keep up with inflation.
All this in turn drives up the cost of goods and services even more.
You get the point, inflation is a vicious cycle. This is the dog chasing its tail. But, BIDEN-FLATION doesn’t stop there because now, President Biden is throwing more gasoline on to the fire with his unconstitutional vaccine mandate.
I too have seen this first hand.
Just last week I was in Kansas to meet with union members who are facing the difficult choice of keeping their jobs or getting the COVID vaccine. These folks are not just mad, they are panicked as it’s literally JOB or JAB for them.
In fact, the unions I spoke with estimate they will lose 30-50% of their workforce due to Joe Biden’s vaccine mandate. This will make both our supply chain shortages as well as inflation even worse.
While I support the COVID vaccine and encourage folks to talk to their doctor about whether to get it, there is no doubt that President Biden’s vaccination decree is an all-out assault on private business, our civil liberties, and our entire constitutional system of limited government.
And, it’s a slap in the face of so many people that stood on the front lines of COVID battle last year and never stopped working: nurses, doctors, first responders, and those union workers I met with last week.
Trust me, I’ve heard loud and clear the past few weeks from Kansans about what they want – and it’s not unconstitutional vaccine mandates, it’s not the socialism that is born out of trillions of dollars’ worth of spending and taxing that has led to reckless inflation, hampered our economy, and killed our jobs.
The question is, do Americans want big government socialism or do we want economic freedom?
Kansans agree that if you want strong roads, bridges, high-speed internet, good schools, and a strong military, we need a stronger economy.
That should be our focus right now – not continuing down this Administration’s socialist economic policies.
Pre-COVID, we had the greatest economy in my lifetime. That came about because we lowered people’s taxes, we lowered regulations, and we lowered energy prices. We need smart, targeted investments – not radical spending that leaves the country at a disadvantage.
Unfortunately, in the meantime, everyone better buckle up and grab your wallet, BIDEN-FLATION is here to stay as long as this Administration continues its reckless taxing, reckless borrowing, and reckless spending agenda.
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