Nebraska Gov. Pete Ricketts told Newsmax Friday that the record inflation Americans are experiencing right now is “something that the administration and the Fed have really been too slow to respond to.”

“Inflation is probably one of the most regressive impacts we have on low-income people because, for example, they spend more of their income on food,” the Republican governor said during an appearance on Newsmax’s “The National Report.” “I’ll tell you right now, when you see that inflation hits this kind of thing, and gas prices go up — you know in my state many people travel 60 miles round trip — and when gas is up as much as it is, that impacts their pocketbook.”… (Excerpt from Newsmax)

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