PASCO, WA – Veterans advocate and U.S. Senate candidate Tiffany Smiley (R-WA) issued the following statement in response to today’s report that wholesale prices rose 9.6% from a year ago, the highest level since November 2010.
Tiffany Smiley said: “Today’s Producer Price Index (PPI) numbers show that high inflation rates are impacting our economy and Washington state families at levels we have not seen in decades. Federal Reserve officials said for months that the inflation rates were “transitory” and a result of COVID related issues. However, as we head into the third year of this pandemic it is becoming more and more clear that it is the policies of this administration and senior Democrat leaders like Patty Murray that are leading to the economic crises.”
“Washingtonians are feeling the strain on their wallets and witnessing shortages every time they go to the store. But over the past two years, Patty Murray has repeatedly voted to spend and borrow trillions of dollars in the name of ‘getting our economy back on track.’ That spending and borrowing did nothing to help our economy recover, but instead lay the groundwork for the runaway numbers we have seen today.”
“What is Patty Murray doing now? Instead of finding solutions to our supply chain problems, which would go a long way to correcting a problem she helped create, she is pushing the Democrat’s Build Back Better (BBB) plan, a bill that will further exacerbate the already skyrocketing inflation problems by adding more spending and more taxes. Washingtonians and America cannot afford six more years of her spend and tax economic failures,” concluded Smiley.