News Release | Republican National Committee

Consumer price increases have been at or above 5% for 17 straight months, and real average hourly earnings fell 3% since last year, marking the 18th month in a row in which inflation has outpaced wages.

Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on the September Consumer Price Index:

“While Americans are hurting with no relief in sight, Biden Democrats continue to lie about their reckless policies that have failed families. Wages are down, prices are up, and Democrats have no one to blame but themselves. Americans know a Republican vote in November is a vote for lower prices and a strong economy.”  

Background: 

• September’s Consumer Price Index soared by 8.2 percent compared to last year, exceeding economists’ expectations and remaining at a near 40-year high.
  • Core consumer prices – excluding food and energy – rose 6.6 percent compared to last year, a new 40-year high.
  • Real average hourly earnings fell 3 percent since last year, marking the 18th month in a row under Biden in which inflation has outpaced wages.
  • Real wages have fallen every month since Biden and Democrats passed their wasteful $1.9 trillion “stimulus.”
• In Arizona, Mark Kelly voted for Biden’s $1.9 trillion “stimulus” – enabling Biden’s careless agenda.
• Georgia Democrat Raphael Warnock supported Biden’s reckless “stimulus package,” – boosting inflation.
• Tim Ryan in Ohio called this the “economy of the future” and has voted 100% in line with the failed Biden agenda that created this crisis.
• Nevadans have Catherine Cortez Masto to thank for gas prices among the highest in the nation and the skyrocketing inflation the Biden administration brushed off for over a year.
• Biden’s biggest fanboys, Wisconsin Democrat Mandela Barnes and Pennsylvania Democrat John Fetterman, both cheered on Biden’s disastrous economic agenda that has made life worse for Americans.