Phoenix and Atlanta are experiencing the highest inflation rate among the major American cities, thanks to their Democratic senators who are responsible for this soaring inflation.
According to the Bureau of Labor Statistics, last month inflation rose to 11% in Phoenix and 10.8% in Atlanta, as well. From the war in Ukraine to supply chain issues to labor shortages, Democrats have been trying to deflect the blame from themselves and their flawed policies.
Many economists agree that the $1.9 trillion American Rescue Plan is the significant cause of this nationwide price hike. The rescue plan’s link with rising inflation is bound to make the upcoming midterm elections difficult for Sen. Mark Kelly (D-AZ) and Sen. Raphael Warnock (D-GA).
Both of these senators voted in favor of getting the American Rescue Plan passed. These senate seats have been considered very competitive, even before inflation gripped the U.S. The Republicans are looking forward to taking over both of these seats in the midterms.
However, although the two senators have openly talked about the rising prices in these major cities, they have yet to criticize the American Rescue Plan. Instead, they are blaming it on “selfish businesses” that are price gouging, the issues in supply-chain and the shortage of workforce.
The two senators have supported the American Rescue Plan, despite the ongoing inflation it’s causing. In March, Kelly stated that the plan was very beneficial for the people of Arizona. In April, Warnock claimed that even a year after the plan was signed, it is still giving relief to Georgians.
Analysts and economists beg to differ from these claims. According to the Federal Reserve Bank of San Francisco, the American Rescue Plan is the reason why the inflation rate went up by 3% at the start of 2022.
Many left-wing analysts are also realizing that this plan did more harm than good by worsening inflation.
Republicans were already predicting a rise in prices that the plan would cause. They claimed that after the $3 trillion relief package from 2020, the economy did not need to be stimulated.
The real issue, however, was the government shutting down the economy to begin with.