| Albuquerque, January 12—The following is a statement from RPNM Chairman Steve Pearce on the latest threat to the U.S. economy—soaring inflation. Inflation has now risen to its fastest pace in nearly 40 years, as the country experienced a 7% spike from a year ago: “There’s no one to blame for this brutal and out-of-control inflation but President Biden and his reckless policies. His leftist spending spree and failed efforts to shut down the virus have supercharged the soaring rate of inflation. New Mexicans and their families are suffering because of the rising costs of food, gas and other necessities. Biden’s policies continue to fail Americans and are leading us into even worse economic conditions.” |
| The Republican Party of New Mexico (RPNM) advances the ideals of individual liberties for the advancement of its citizens and the greater prosperity of our communities throughout New Mexico. Led by an Executive Board and its Chairman, former NM Congressman Steve Pearce, RPNM serves all New Mexicans via its headquarters in Albuquerque and can be contacted at (505) 298-3662. |