A $2014 worth 74 cents. A $2019 worth 80 cents. That's the silent tax of inflation. The devaluation of the dollar, the robbing of anybody with an asset. That's what big government has done. That's what deficit spending has done. Literally. It's immoral. It's unconscious what we're doing to middle income Americans and particularly our young people. That has been our frustration on the state level. (22:54–22:58)
CLAIM
Asserts that big government and deficit spending have caused inflation and devaluation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
