Connect with us

Hi, what are you looking for?

Business / Economy News

Rick Scott: High Inflation Will Hurt Hurricane Ian Recovery

On Wednesday, U.S. Sen. Rick Scott, R-Fla., weighed in on the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS).

Scott’s office insisted the release “showed inflation continued to rise in September, increasing 8.5 percent over the year—higher than expected.”

The senator pointed the blame at President Joe Biden and noted that high inflation will hamper the Sunshine State’s efforts to recover from Hurricane Ian.

“Skyrocketing inflation has been hurting Florida families every day for nearly two years. But, when times get tough, inflation becomes an unbearable kick for families trying to get back on their feet. Make no mistake—Joe Biden’s skyrocketing inflation is a huge roadblock for so many families now fighting to recover from Hurricane Ian. Nevertheless, we won’t allow Biden’s failures to keep Florida down. Floridians are strong and we are so grateful for all of the non-profits and volunteers who are selflessly serving families across Florida who have been devastated by Hurricane Ian. Everyone is working to deliver more with dollars that buy less. Together, Floridians will get through this difficult recovery and in Washington, I’ll be fighting as hard as ever to get reckless spending under control and end the crushing pain caused by Biden’s raging inflation,” Scott said.

According to the PPI release, price increases over the year in September included:

Corn: +36.5%
Coal: +53.8%
Grains: +30.4%
Eggs: +97.3%
Turkeys: +38.2
Home Heating Oil: +73.2%
Construction: +23.1%

Archives

Related Articles

Political News

Senators Rick Scott (R-FL) and Jacky Rosen (D-NV) announced the bipartisan and bicameral Preserving Access to Patient Reimbursement (PAPR) Act. The PAPR Act would ensure our nation’s veterans...

Political News

WASHINGTON DC – Senators Rick Scott (R-FL)and Jeanne Shaheen (D-NH) announced the reintroduction of the Stopping Online Confusion for Investigative Agencies and Law-enforcement by Maintaining...

Political News

Florida’s two US Senators, Ashley Moody and Rick Scott, both Republicans, voted YES in support of the confirmation of Kash Patel as the new...

Political News

With bipartisan support, Florida Senator Rick Scott (R) co-introduced a bill with Sen. Maggie Hassan, (D – NH) to reduce America’s reliance on China...

Advertisement