Rise to the Moment of Truth Monday, June 5, 2023

Tag: INFLAtION

Katie Britt Alabama News
U.S. Sen. Britt: Millions more Americans lived paycheck-to-paycheck due to poor economy in 2022 than 2021

U.S. Sen. Katie Britt (R-Montgomery) said on Twitter Tuesday night that nearly 10 million more Americans lived paycheck-to-paycheck in 2022 than in 2021.

Thanksgiving, turkey Alabama News
Alabama Extension economist: Expect more expensive Thanksgiving for this year — Turkey prices are at their highest levels in over 20 years

An Alabama economist says to be prepared for another more expensive Thanksgiving meal following last year's inflation-ridden holiday.

Money, capitol, capital, donations Alabama News
Joey Clark: Extreme moderation is America’s greatest vice

While most of the corporate press continues to squash our collective brains in a partisan vise of sound and fury signifying nothing this election season, the 117th Congress continues to exhibit the greatest vice afflicting modern American politics — moderation. 

Donate Salvation Army Alabama News
Shoals Salvation Army preps for busy holiday season as inflation drives greater need

The Salvation Army in the Shoals area is anticipating one of its busiest holiday seasons yet as inflation drives up need for assistance.

Stockdrop Alabama News
Alabama company stocks crushed on heels of inflation news

Stocks fell sharply on Tuesday on reports of higher-than-expected inflation in August.

Barry Moore Alabama News
Barry Moore: Next year, Republicans can’t take a knee deep in our own territory

The American people have a lot to say to their leaders in Washington, but too often no one is listening.

Job interview resume employment Alabama News
Online job ads up once again, as inflation continues to impact employers

The Alabama Department of Labor reports online job ads were up 23.1% in July, from the same time last year. However, the ads were down 6.8% from June.

US House of Rep Aderholt Robert Facebook Alabama News
Aderholt says that Biden turned a recovery into a recession

“Joe Biden Inherited a Recovery and Created a Recession, When Joe Biden took office in January of 2021, he inherited a booming COVID recovery from the Trump Administration.  His economic prescriptions have now had a year to be absorbed by the economy and it's clearly bad medicine.  All of his policies on issues from energy, to dealing with supply chain issues, to inflation, have led to this economic mess.," said Rep. Aderholt.

Joe Biden Alabama News
Congressmen and Senator from Alabama criticize Biden economic policies after second quarter of GDP decline

"Biden, Pelosi, and Schumer have only worsened the economic crisis facing Americans with their out-of-control socialist spending and anti-American energy policies," said Rep. Mike Rogers.

I Stock 1406956655 Alabama News
Record high inflation on energy leads to higher gas prices, utility bills in Alabama

While prices are up across the board, the price of energy is seeing the greatest increase. This is resulting in higher prices at the gas pump, higher monthly power bills and higher natural gas bills for many Alabama families.

Beatrice Nichols 3 Alabama News
Sewell challenger says Democrats couldn’t prevent inflation even when they controlled the House, the Senate, and the Presidency

“Terri Sewell and the Democrats couldn’t prevent inflation or high gas prices, even though they control the House, Senate, AND the Presidency. Why should we think they have the answers now?” said Republican challenger Beatrice Nichols.

Money Alabama News
Inflation hits 40-year high - Alabama Republicans blame Biden's economic policies

“We are talking about basic necessities like groceries, clothes, transportation. Families no longer have extra money to do things like go out to eat after Church or take a vacation. Soaring prices are impacting small business too," Sen. Tommy Tuberville said.

Tuberville623a Alabama News
Tuberville blames economic policies for Biden’s poor polling

“Families are struggling to afford Biden's economy, doing everything from eating less meat to canceling vacations," Tuberville said,

US House of Rep Rogers Mike Facebook Alabama News
Rogers says White House forcing Americans to pay record gas prices for 'Green New Deal socialism'

“The Biden administration wants to install their Green New Deal socialism by forcing Americans to pay sky high prices at the gas station. Unreal,” Rep. Rogers said on his Facebook page.

Tuberville on Fox and Friends Alabama News
Republican lawmakers say Biden's economic policies making inflation worse

“I was in Alabama all last weekend going around to restaurants and grocery stores. Inflation's out of control,” Tuberville claimed. “It's been growing for the last two years ever since he [Biden] took office,” said Sen. Tommy Tuberville.

Bulls at Meadows Creeks Farm Alabama News
Barry Moore critical of legislation creating federal police force to investigate farmers and meatpackers

“Instead of punishing those in the packing industry and deputizing bureaucrats to force more rules and regulations on the American people, we should be doing all we can to slice red tape, repair the broken supply chain, and end the federal government overspending fueling historic inflation,” Moore said.

AP22161678876726-Biden Alabama News
Republicans critical of Biden economic policy as inflation and rising interest rates impact consumer demand

On Tuesday the Commerce Department reported that retail and food service spending posted a 0.3% decline in May. Retail sales turned negative in May as consumers pulled back spending while inflation surged. Republican leaders have been critical of President Biden's economic policies, which they claim exacerbated the inflation especially soaring fuel prices.

Birmingham CITY Alabama News
Birmingham residents facing massive increase in rent costs

Birmingham residents have seen a shocking increase in the cost of living, especially renters.

Garbage truck youtube com Alabama News
Garbage bills to rise by 65% in Jefferson County, as local governments across Alabama struggle with inflation

Jefferson County families will see a 65% increase in their quarterly garbage bills, under an emergency contract amendment with AmWaste approved on Thursday. The Jefferson County Commission’s vote comes as cities and counties across Alabama are seeing major increases in the cost of garbage collection.

Garden from Markus Spiske Alabama News
As grocery prices rise, can gardening and raising food at home save money?

As poultry and produce prices skyrocket due to inflation, many Alabamians are looking for ways to keep food on the table without taking a hit. Some have turned to growing and raising their own food. 

Money cash by Elise Amendola AP Photo Alabama News
Subprime loan defaults on the rise

Subprime loan defaults are, once again, on the rise as concerns over the U.S economy continue to grow. 

Meat Section Alabama News
Inflation rising faster than Alabama wages, forcing tough decisions for many families, communities

Eric Martin’s grocery cart looks different than just one year ago.

Diesel pump in Clay Alabama Photo Erica Thomas Alabama News
Rising diesel prices impacting virtually everyone in Alabama, including cities

The 78% increase in diesel fuel costs has crippled some industries and businesses across the nation. Facing higher costs of production and transportation eventually trickles down to the consumer. Even some Alabama cities are being hit hard.

File 9993cf3e add4 49cb 97ae df46b9a82f3d Alabama News
Inflation hits 7.5%

Several GOP Congressmen were quick to blame President Joe Biden’s (D) policies for a higher-than-expected inflation report. The Bureau...

File ea9bc40a d4a9 45b4 8860 4f8fedf37c4e Alabama News
Barry Moore criticizes first year of the Biden administration

One year ago, Joseph R. Biden (D) was sworn in as the 46th President of the United States. Congressman Barry Moore (R-AL02) marked...

File ec875adf 0e07 4474 9d05 7fee95c3abe0 Alabama News
Palmer, Rogers, Moore, and Brooks criticize Biden administration over inflation

Several Alabama Congressmen reacted after the latest Bureau of Economic Statistics report showed that inflation rose to seven percent...

File 8bd15750 1d80 438c 91a3 0dee4835972d Alabama News
Congress approves raising of debt ceiling

By Brandon Moseley Late Tuesday, the Senate passed legislation to increase the nation's debt ceiling, in a vote of 50 to 49. Early...

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