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Pelosi Caught Lying

by Market FinancePosted onFebruary 14, 2022February 14, 2022

Enough with the politics!

House Speaker Nancy Pelosi was recently asked about the skyrocketing inflation problem in America which has reached an astounding 7.5% in the past year making it the highest inflation in the last four decades.

In a surprising turn of events however, Speaker Pelosi attempted to justify the inflation and said that inflation happens when people are entering the workforce. Basically, Pelosi tried to blame inflation on Americans who were trying to go back to work.

She then took a shot at Sen. Joe Manchin who had concerns about passing President Biden’s $1.75 trillion Build Back Better Act because he thought it would make inflation worse.

According to Fox, during a recent interview, Pelosi explained, “The fact that people have jobs always contributes to an increase in inflation, and that’s a good thing. But inflation is not a good, you know, we have to contain it.”

“Wages are not keeping up with prices,” the host interrupted.

Pelosi later explained, “What contributes to inflation? More people having jobs, scarcity of product, which makes prices go up, and the rest. So we passed the Competes Act last Friday – this was a giant step for it.”

Pelosi then shifted her focus to Manchin and said, “Look, Joe Manchin, as you said, is the senator that counts, every senator counts, and we have legislation that is so transformative for our country. When you say what President Biden has done and in this year, whether it’s the Rescue package that has put money in people’s pockets, taken people off of poverty, vaccines in their arms and the rest—”

“Yes, but people aren’t feeling it right now,” the host interrupted again. “They’re upset.”

“I understand that, but there has to be a cumulative effect, a cumulative effect,” Pelosi explained. “And part of the consequences of all of that investment and the infrastructure bill and the rest is that more people have jobs and therefore inflation goes up.”

Adding, “Yes, we have inflation. It’s very important for us to address it, we must bring it down, but it’s not right, with all due respect in the world for my friend Joe Manchin, it’s not right to say that what we’re doing is contributing to inflation, because it’s exactly the opposite.”

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