Inflation continues to outpace wage growth
Last week, we saw that the Consumer Price Index rose 8.3% in August compared to the same time last year. Inflation continues to wreak havoc in all of our lives, as wage growth remains stagnant. It is insulting and factually incorrect when we see
At the state level, we can do more and, frankly, we should have done it a long time ago. The 'Inflation Relief and Consumer Assistance Plan' (A.8481), which was introduced by Leader Barclay, would slash state sales tax for two years on everything from gas to groceries to utility bills. This would provide immediate and meaningful relief. The windfall in state sales tax revenue could easily be covered by surplus money from the federal government. The Democratic Majorities in
To add insult to injury,
Energy prices at all-time highs would only exponentially grow under the current Climate Leadership and Community Protection Act draft scoping plan. With many mandates that would ban natural gas and require electric vehicle purchases not too far off in the future, we need to be vocal about our opposition to the plan in its current form. It is predicted that each homeowner could be on the hook for more than
One-party rule federally and within
As always, if you have any questions about this or any other issue, please don't hesitate to contact my office.
State Assemblyman
Interest rate goes up to highest level in 14 years as Fed attempts to slow inflation
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