Speaker of the House Nancy Pelosi (D-CA) stopped by CBS’ Face the Nation over the weekend to discuss, among other things, how Democrats need to reshape the narrative around inflation; Pelosi says “change the subject.”
When Joe Biden took office, inflation was at 1.4%.
— RNC Research (@RNCResearch) October 24, 2022
Today, inflation is at 8.2%. https://t.co/VwjWv5zWp6
“When I hear people talk about inflation… we have to change that subject. Inflation is a global phenomenon,” Pelosi tells host Margaret Brennan. “The EU, the European Union, the UK, the British, have higher inflation rate than we do here… The fight is not about inflation. It’s about the cost of living.”
“If you look at what we [Democrats] have done, to bring down the cost of prescription drugs, to bring down the cost of – of energy and the rest in our legislation, you will see that that has been opposed every step of the way by the Republicans, and they have no plan for lowering the cost of living or helping with inflation,” Pelosi added.
Not sure that’s going to cut it with the embattled middle class, Nancy. We not a multimillionaire with a Pacific Heights mansion, a vineyard in Napa, and a Georgetown, DC pied-a-terre, who doesn’t care if the Nasdaq is down almost 20%, because that’s not killing her retirement fund – she’s probably shorting everything in sight and making a fortune. She won’t care that the heating bill has nearly doubled, the grocery bill is up over 30% and gas price increases are putting disposable incomes under massive pressure.