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David McCormick: “The cause of inflation is too much spending and bad energy…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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Dave on The Volpe Report (Part 1) 4.7.24

Published | Video Starts at 12:51

Now, let me say the following. Like, and every mainstream economy, these are big Democrats, Larry Summers, Jason Furman, people that work for President Obama and Biden are all saying, no, The cause of inflation is too much spending and bad energy policy, which has drove up prices. So this isn't. There's not like serious people saying that the problem. Now, I'm not. I'm sure there's some company somewhere that is raising prices more than the cost of inflation. (12:51–12:57)

CLAIM

Asserts that inflation is caused by excessive spending and poor energy policy.

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