WASHINGTON, D.C. – In case you missed it, Senator Rick Scott wrote an op-ed for the National Review discussing the burden of President Biden’s sticky inflation crisis on  American families. As inflation jumps to its highest rate in more than 30 years, Senator Scott details how President Biden’s reckless spending, socialist agenda and policies that turn people away from the workforce are creating a lasting inflation crisis that is devastating for working Americans, especially low and fixed-income families like his growing up.

In the op-ed, Senator Rick Scott wrote, “Here’s what’s clear: Biden’s inflation crisis isn’t transitory. It’s sticky. Trends don’t lie. With inflation surging higher every month of Biden’s presidency, we can’t allow the president and his economic advisers to continue ignoring the obvious.

Sticky inflation is dangerous because it has the ability to completely upend the American economy. It has a domino effect. Think about it like this. Frivolous government spending causes prices to go up. Then income doesn’t go as far as it once did. When income stops being enough to afford rent, groceries, and other necessities, you have to ask your employer for a raise. When everyone requests higher wages, companies are forced to raise prices. It’s a cycle. Prices go up. Costs go up. Wages go up. Prices go back up and the cycle restarts.

What I’m describing here is a downward spiral that hurts families and businesses and kills our economy. The buying power of American families, such as that family from Wauchula, is devastated. We know that, even if wages increase, they won’t do so at the same rate as inflation, so the dollar is doing less and less. And it all starts with reckless government spending and burdensome regulations.

…

Of course, instead of tackling the problem head-on, Biden continues to act like everything is just fine. Even as American families begin to see more and more empty shelves, Biden and his administration do nothing.

…

If we’re going to find a way out of this problem, America is going to have to change course.

No more unconstitutional vaccine mandates that exempt Congress but punish private business. No more reckless government spending to fuel Biden’s inflation fire. Let’s take our debt seriously. Let’s stop raising taxes and start being responsible with our budget. Let’s get rid of government waste and cut the regulations that are causing bottlenecks in our supply chains. And let’s end the campaign against energy independence.

We can get out of this mess. But President Biden has to actually start caring about the economy.”

Read the full op-ed in the National Review HERE.

###