Because someone was asking me about the inflation indices earlier that that's the average for working families that it is thought that many, Many of their goods and services inflated as much as 35% with an 18% wage gain. So the loss in purchasing power was tremendous. We were running the biggest deficit to GDP that would ever run 6.7, 6.9% when we were not at war, not in a recession, and we had to get that under control. (00:39–00:49)
CLAIM
Asserts that goods and services for working families inflated by 35% with only an 18% wage gain.
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