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Rand Paul Says Inflation Cut Americans’ Purchasing Power

By Drooid · · How we work

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Story summary
  • U.S. Senator Rand Paul (R-KY) said inflation has eroded Americans’ purchasing power under President Donald Trump.
  • He noted the $40 trillion national debt equals over $360,000 per taxpayer.
  • President Donald Trump claimed his administration inherited an inflation nightmare from Biden but now controls it.
  • Finance expert Michael Ryan said inflation-adjusted wages are slightly higher than when Biden left office.