"Inflation is at a 40-year high with no end in sight. Personal consumption expenditure prices rose 5.2% in March, while our national GDP contracted 1.4% in the first quarter of 2022. A gallon of gas is up 33% on average since last year. Grocery prices rose 8.6% in March alone. Across the board, everything costs more. Retirement savings are suddenly worth less than they were a year ago. For Granite State families and families across the country, this has become the number one biggest concern. High inflation is essentially a tax on every American, and for lower income families who spend most of their income on basic needs, its effects are devastating. Meanwhile, President Biden and Maggie Hassan continue to try to make excuses for inflation. They’ve attempted to blame everything from COVID-19 to Putin’s invasion of the Ukraine, but the truth is that inflation is the result of unchecked government spending and a complete lack of fiscal discipline at the federal level. And it isn’t just individuals that are hurt by inflation. Inflation affects small businesses by shrinking the value of the money they spend to make investments into their companies. Small business owners now see inflation as the biggest issue to their success, even greater than the worker shortage. We need real solutions that will both fight the long term causes of inflation and help everyday Americans immediately, by relieving some of the effects of the inflation problems that we already are experiencing."
Read the full plan here: https://www.chuckmorsefornh.com/make-our-economy-great-again