Connect with us

Hi, what are you looking for?

Economy

Rick Scott: High Inflation Will Hurt Hurricane Ian Recovery

Share this story:

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.

See also  Florida Poll On Biden vs Trump, Abortion, Senator Rick Scott

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%

Author

  • Florida Daily

    Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

<

Ed Dean: Publisher

 

Ed Dean is a leading radio and news media personality including hosting the #1 statewide radio talk show in Florida. Contact Ed.Dean@FloridaDaily.com

You May Also Like

Politics

Share this story:Today, following the House of Representatives delivering the Articles of Impeachment for Department of Homeland Security Secretary Alejandro Mayorkas to the Senate,...

Elections

Share this story:Even since the Florida State Supreme Court approved an abortion amendment to be placed on the state ballot for this year, Democrats...

Abortion

Share this story:Some analysts believe the abortion issue may not hurt Donald Trump in Florida but could affect Florida republicans on the down ballot...

Health Care

Share this story:Earlier today, Senator Rick Scott (R-FL) remarked on President Joe Biden’s cuts to Medicare Advantage. Below is an official statement released by...

Follow us on Social Media