Lunacy! Nancy Pelosi’s Inflation Commentary Exposes The Corner Democrats Have Painted Themselves Into

Red State

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You’ve probably heard by now, including from the reporting here at RedState, that inflation reached another new high in January. Despite fairly recent proclamations from the White House that the rise would be “transitory” and “temporary,” prices are continuing to explode.

And contrary to some of the spin, the increases aren’t just on used cars and hotels, though that would be bad enough. Gas prices, food prices, home energy prices, and other things that are used on a daily basis by Americans are skyrocketing.

That’s left Democrats in a very odd place, as illustrated by Nancy Pelosi’s Sunday interview in which she tried to make the case that inflation is actually a good thing.

According to Pelosi, the current inflationary boom is a positive because it means that people have jobs. Of course, anyone that’s been alive for longer than the last year is well aware of how ludicrous that is. When we were near full employment and the economy was humming under Donald Trump, inflation remained at normal levels. Even under Barack Obama’s tenure, when the country saw big jobs growth coming out of the Great Recession, we didn’t see inflation get anywhere near the levels we are currently seeing. So to suggest that people having jobs is somehow a primary driver of inflation is lunacy.

According to Pelosi, the current inflationary boom is a positive because it means that people have jobs. Of course, anyone that’s been alive for longer than the last year is well aware of how ludicrous that is. When we were near full employment and the economy was humming under Donald Trump, inflation remained at normal levels. Even under Barack Obama’s tenure, when the country saw big jobs growth coming out of the Great Recession, we didn’t see inflation get anywhere near the levels we are currently seeing. So to suggest that people having jobs is somehow a primary driver of inflation is lunacy.

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