In The News

Rand Paul Just Issued A Dire Warning About Inflation!

On Monday, a new amendment was introduced by Kentucky Republican Senator Rand Paul that would eliminate Dr. Anthony Fauci from the job due to an alleged power abuse during the COVID-19 pandemic.

The new amendment would require all three new director positions to be appointed by the president of the United States and confirmed by the U.S. Senate. If confirmed, according to the proposed amendment, those individuals would serve a five-year term.

Fox News reported, “Paul’s amendment would reorganize NIAID by breaking it down into three separate national research institutes, all with their own director, including the National Institute of Allergic Diseases, the National Institute of Infectious Diseases, and the National Institute of Immunologic Diseases.”

Watch it here: The Hill/Youtube

In a statement, Paul said that“We’ve learned a lot over the past two years, but one lesson, in particular, is that no one person should be deemed ‘dictator-in-chief, No one person should have unilateral authority to make decisions for millions of Americans.”

“This will create accountability and oversight into a taxpayer-funded position that has largely abused its power, and has been responsible for many failures and misinformation during the COVID-19 pandemic,” he said.

Each of the three institutes proposed by Paul would be led by a director who is appointed by the president and confirmed by the Senate for a 5-year term.

Paul also wrote on Monday for Fox News Digital, “I’ve been a physician for over 33 years, In all my years studying and practicing medicine, I had never encountered someone with the gall to proclaim himself ‘the science’ and portray anyone opposing him as ‘attacking science.’ That is until Dr. Fauci became the COVID dictator-in-chief.”

“The biggest lesson we have learned over the last two years is that no one person should have this much-unchecked power,” he wrote. “And my amendment, which will get a vote this week, will finally force accountability and fire Dr. Fauci.”

A report about the rising inflation and its troubling effects on low and middle-income families and small businesses was also authored by Paul in January.

In an 18-page report called “The Hidden Tax,” Paul, who serves on the Senate Committee on Small Business and Entrepreneurship, blames the 7% spike in consumer prices – a 40-year high – on “excessive coronavirus relief spending by Congress.”

“In recent months, prices on nearly everything from gas, food, and clothes to electricity, car prices, and rent, have all increased, and unfortunately it’s only going to get worse,” Paul said in a statement. “Congress needs to realize that further spending at this time of rapidly rising prices is only going to continue the trend of rising prices on this nation’s already vulnerable businesses and families.”

See below some of the topline figures from Paul’s report:

–The cost of an average tank of gas rose from $25.32 in December 2020, to $38.04 in December 2021.8 A used car that cost $10,000 in December 2020, cost $13,730 in December 2021. A grocery cart that cost $100 in December2020, cost $106.30 in December 2021.9 While these price increases may seem trivial to wealthy families, this disproportionately burdens low and middle-income families that spend a much larger portion of their income on
these items.

–71 percent of households making under $40,000 annually have indicated economic hardships from rising prices, as opposed to just 29 percent of households making $100,000 or more.

–Inflation disproportionately harms small businesses. 82 percent of small businesses reported raising prices in the last several months, 42 percent reported raising prices by 20 percent or more. 45 percent of small businesses reported taking out a loan to cope with the pressures of inflation in this last year. Large corporations have reported consistent profit margins.

–In 2021, energy prices as a whole, including electricity, propane, gasoline, and other energy sources, rose 29.3 percent. Gasoline on its own rose 49.6 percent. For perspective, a tank of gas for the average American in November of 2020 cost $25.32. The same tank of gas in November of 2021 cost the average American $38.04. This trend is even more shocking considering Americans drove considerably less in 2020 and 2021 than in previous years.20 Aside from the jump in energy prices, used vehicle prices and food have also been key contributors to the price jumps, rising 37.3 percent and 6.3 percent respectively.

–Rising prices also disproportionately burden low and middle-income families. A recent poll by Gallup has shown disparities between both income and education level in the amount of hardship reported from recent inflation trends. 70 percent of those earning under $40,000 annually reported moderate or severe hardship as a result of inflated prices in the last year compared to 28 percent of those earning over $100,000 annually.

And according to Paul the rising prices are “only going to get worse.”

Sources: Conservative Brief, Daily Mail, News Week, Independent, MSNBC, Fox News



To Top
$(".comment-click-103615").on("click", function(){ $(".com-click-id-103615").show(); $(".disqus-thread-103615").show(); $(".com-but-103615").hide(); }); $(window).load(function() { // The slider being synced must be initialized first $('.post-gallery-bot').flexslider({ animation: "slide", controlNav: false, animationLoop: true, slideshow: false, itemWidth: 80, itemMargin: 10, asNavFor: '.post-gallery-top' }); $('.post-gallery-top').flexslider({ animation: "fade", controlNav: false, animationLoop: true, slideshow: false, prevText: "<", nextText: ">", sync: ".post-gallery-bot" }); }); }); escortanal escortadana escortadıyaman escortafyon escortağrı escortaksaray escortamasya escortankara escortantalya escortardahan escortartvin escortaydın escortbalıkesir escortbartın escortbatman escortbayburt escortbilecik escortbingöl escortbitlis escortbolu escortburdur escortbursa escortçanakkale escortçankırı escortçorum escortdenizli escortdiyarbakır escortdüzce escortedirne escortelazığ escorterzincan escorterzurum escorteskişehir escortgaziantep escortgiresun escortgümüşhane escorthakkari escorthatay escortığdır escortısparta escortistanbul escortizmir escortkahramanmaraş escortkarabük escortkaraman escortkars escortkastamonu escortkayseri escortkıbrıs escortkırıkkale escortkırklareli escortkırşehir escortkilis escortkocaeli escortkonya escortkütahya escortmalatya escortmanisa escortmardin escortmersin escortmuğla escortmuş escortnevşehir escortniğde escortordu escortosmaniye escortrize escortsakarya escortsamsun escortsiirt escortsinop escortsivas escortşanlıurfa escortşırnak escorttekirdağ escorttokat escorttrabzon escorttunceli escortuşak escortvan escortyalova escortyozgat escortzonguldak escort