Pelosi, Yellen: Inflation Is Here to Stay

BUCK: Welcome back to Clay and Buck show. I’m Buck. He’s Clay.

BUCK: That was Janet Yellen, Treasury secretary, telling everybody inflation is gonna be bad for the rest of the year. That’s rough for all of us, for everyone, because it just means, by the math, you will have lost a month of wages to inflation, give or take — and remember, you also pay taxes on the wages you make. So it’s gonna be rough. It’s gonna be a rough year economically, financially for a lot of people.

And it’s certainly not looking good for Democrats from an electoral perspective because a lot of things they can spin, a lot of things they can hide. The price of your groceries, the rent going up, and your gas prices skyrocketing, they can’t hide that. They can tell you, “No big deal,” or they could even pull a Pelosi here and tell you that government spending actually makes all of it better, it reduces debt.

BUCK: Government spending reduces the national debt. It is not inflationary, says the third in line for the presidency, the speaker of the House. Clay Travis, we have crossed the streams, man. Gozer is about to appear.

CLAY: These are such ridiculous arguments at this point that even the most die-hard Democrat ally, I don’t think, buys into these arguments anymore. And, by the way, on inflation, remember. We were told for months, the Biden administration’s argument was, “This is all transitory,” and now Janet Yellen is telling us: Oh, no. Actually, inflation is going to exist at an incredibly high level for a year or more — and they’re running scared. I don’t know what arguments they’re going to be putting forward