During an interview with West Virginia MetroNews’ “Talkline with Hoppy Kercheval” on Thursday, Sen. Joe Manchin (D-WV) said inflation is “a basic threat” and that the Federal Reserve “can’t be pussyfooting around like they’ve been.” And now isn’t the time for more spending.
Manchin said, [relevant remarks begin around 54:50] “I’ve been ringing the alarm bell forever — I mean, for the last year about inflation. Nobody’s been listening. Now, we’re seeing a basic threat. It’s a 7.5% tax on everybody, on every product you buy. It’s just unbelievable.”
He added, “So, it’s time for the Federal Reserve to tackle the issue head-on. They can’t be pussyfooting around like they’ve been.”
Manchin further stated that increasing interest rates is “the only way they’ve ever been able to control it. I mean, you’ve got to stomp it down. I…
