Sen. Joni Ernst (R-IA) delivered a speech on the Senate floor to demonstrate that inflation is “spinning out of control.”
Ernst brought a large wheel mimicking those seen on “The Price Is Right” — a television game show in which contestants guess the price of various items. Ernst used the prop to demonstrate that prices for consumer goods have risen substantially in recent months.
— CSPAN (@cspan) July 14, 2021
“Bidenomics has resulted in the biggest surge in inflation in nearly thirteen years,” commented the lawmaker. “For Iowans who are living on a budget, these unpredictable price markups are making every purchase a real guessing game. They keep asking themselves if ‘The Price Is Right.’”
To demonstrate the extent to which costs are “spinning out of control,” Ernst rotated the wheel to indicate that the price for bacon rose by 8%, the price for clothes by 5%, and the price for auto insurance by