Rand Paul: We Have 25% Inflation Over the Last Five Years

EXCERPT:

PAUL: “The biggest problem we face in the country is something that doesn't go away, no matter who's here, and that is the deficit. We're running a $2 trillion deficit. We have 25 percent inflation in the last four or five years. Everybody calls this affordability. They should call it inflation. That's what it is, 25 percent inflation over five years. And if your wages haven't gone up 25 percent, you're being squeezed. There's a whole big swath of America unhappy right now that can't fill up their tank of gas, that is restricting their travel and their vacations because their purchasing power is going down because of the debt, because of spending money we don't have. And that explains it rather than saying, 'Oh my goodness, why are things not affordable?' They're not affordable because we're devaluing the currency every day by printing it up to pay for the debt.”