Sen. Marshall: 'People Are Not Only Mad, They're Now Panicked About Inflation'

By Susan Jones | October 13, 2021 | 9:26am EDT
(Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
(Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

( - As congressional Democrats fling multi-trillion-dollar price tags around, Americans are increasingly concerned about inflation, Sen. Roger Marshall (R-Kansas) told Fox Business on Wednesday.

Marshall spoke just before the Labor Department's Bureau of Labor Statistics announced that inflation accelerated year-to-year in September, with consumer prices increasing 5.4 percent, higher than August's 5.3 percent year-to-year increase.

"If my town halls are any indication of where America is, America does not want this spending. People are not only mad, they're now panicked about inflation," Marshall said. "And this big spending and more borrowing is only going to add to inflation.

"And what President Biden is doing, his policies to make the labor shortage worse, is only going to drive this inflation up more. You're absolutely right, everybody is feeling the pain at the gas pump, at the grocery store. Inflation is absolutely a top issue on the hearts and minds of Americans across the nation."

According to BLS, in the last 12 months, the all-items consumer price index increased 5.4 percent before seasonal adjustment. The indexes for food and shelter rose in September and together contributed more than half of the monthly all-items seasonally adjusted increase in consumer prices.

The index for food rose 0.9 percent; the index for food at home increased 1.2 percent; and the energy index increased 1.3 percent, with the gasoline index rising 1.2 percent.

The index for all items less food and energy rose 4.0 percent over the last 12 months, the same increase as the period ending in August.

Marshall noted that whatever "budget gymnastics" Democrats end up using to pass their reconciliation bill with all Democrat votes, they intend to start new entitlement programs that will "never end."

He also voiced concern about the tax portion of the "human" infrastructure bill:

“I'm very concerned that no one is talking about the tax portion of the bill right now…Are we going to get rid of 1031 exchanges (investment property swaps)? Are we going to start taxing capital gains as ordinary income? Are we going to start monitoring every (bank) transaction over $600?

“So there's more to it than just the dollar amount. This is the big government socialism theme that I'm concerned about as opposed to economic freedom and prosperity.

“But I'm telling you, there is a tidal wave coming out of America, out of those hard-working Americans who don't like vaccine mandates and they don't like the policies of the federal government that are leading to inflation as well as open borders and increased crime, all those issues that you all have been covering so very well.”

Marshall said he believes the Biden administration's mandate requiring businesses with more than 100 employees to get COVID vaccinations or else take weekly tests is "unconstitutional."

"And that's going to with tied up in the courts," he said. "This White House owns this labor shortage, and this creed (mandates) coming down from the White House is only going to make the labor shortage worse, creating national security issues in many instances as well.

Marshall said the White House and the CDC need to "acknowledge natural immunity."

"There are many, many studies out there that say that natural immunity is better than vaccines alone. We need to talk about the immune versus non-immune, not the vaccinated versus the non-vaccinated. That would solve half of the labor issue problem right now. This is another crisis created by Joe Biden and his administration."

Marshall noted that many unvaccinated people have recovered from COVID and therefore have natural immunity. "We should be right there at the precipice of herd immunity right now. We need the CDC to acknowledge herd immunity and that we've got the natural immunity."

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