CFO PATRONIS ISSUES STATEMENT ON 9.1% INFLATION RATE IN JUNE
7/13/2022
CFO PATRONIS ISSUES STATEMENT ON 9.1% INFLATION RATE IN JUNE
~ Says President Biden is incapable of solving America’s Economic Issues ~
TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement on the U.S. Labor Department’s report that inflation hit 9.1% in June; another four-decade high. CFO Patronis’ issued his comments on twitter.
Florida Chief Financial Officer Jimmy Patronis said, “A 9.1% inflation rate is horrible for our country. This is a tax on the poor and middle class. It’s a tax on the elderly, living on fixed incomes. Biden is simply incapable of dealing with the biggest problems our country is facing. All he can do is finger point. It’s also hurting our international standing. He’s supposed to be this great global leader, but now everyone is having to turn to dictatorships for fuel and food. As the saying goes, ‘When America sneezes, the world catches a cold.’”
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About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and X (@FLDFS).