Iowans are paying $5,000 more per year under inflation, are Democrats to blame? – PolitiFact
Republicans have blamed Democrats a lot for rising inflation this past year. Democrats, after all, are in power at the White House and both chambers in Congress and this is an election year.
Thus, Rep. Zach Nunn, R-Bondurant, who is seeking a seat in Congress, brought it up in a recent tweet that introduced a campaign ad that attacks his opponent in Iowas 3rd District race, incumbent Democratic U.S. Rep. Cindy Axne, for out-of-control spending in Washington, D.C.
"Iowans are paying $5,000 extra for everyday goods under Biden and Axnes inflation," the tweet stated.
We examined a couple of things in that statement: that Iowans will pay an extra $5,000 this year because of inflation and that Biden and Axne can share some of the blame for that inflation.
We start with the numbers. Contacted by Politifact Iowa, Nunns campaign said they were taken from a March report by Bloomberg News. The report states that by, Bloombergs calculations, Americans would pay $5,200 more on average this year for goods using the Personal Consumption Expenditures index. This number is an estimate of inflation throughout 2022 and could be different at the end of the year.
Inflation can be measured across other time periods so other measures exist, depending on where you live and from when you measure the rise in consumer good prices. A July report from the Republican side of Congress Joint Economic Committee went back to January 2021 when Biden took office to state that Iowans were projected to pay $7,997 more this year than they would have for the same goods back then, for a state inflation rate of 13.7% since the start of 2021.
The U.S. Bureau of Labor Statistics, whose announcements get widespread news coverage, reports Consumer Price Index inflation every month, measuring against the past 12 months. The bureau reported an August rate of 8.1% in the Midwest region for the previous 12 months. That would amount to a yearly increase in costs from August 2021 to August 2022 of $4,176, using the Consumer Price Index report from the Bureau of Labor statistics for the Midwest region.
Next, who's to blame. Nunns campaign, when contacted by Politifact Iowa, stood by its claim that Democrats are to blame for inflation. The campaign ties Axne to Biden by pointing out accurately, according to the FiveThirtyEight data analysis website, that Axne has voted with Biden 100% of the time during Bidens term as president.
We have looked previously at claims that tie inflation to Biden. Sources in an April 2022 Politifact story said that, although the American Rescue Plan Act, a stimulus package passed in 2021 that cost about $1.9 trillion, added 2 points to inflation, international pressures and supply chain issues had a greater impact on inflation.
Marc Goldwein, with the Committee for a Responsible Federal Budget, a group that promotes lower deficits, said in that PolitiFact story: "With no American Rescue Plan, we would still have inflation above the Federal Reserves target of 2% to 3%."
None of the experts PolitiFact talked with for the April story, liberal or conservative, said Bidens actions were responsible for all of the inflation.
Sources cited in other PolitiFact stories have said that supply chain disruption, low supply of goods and international market pressures have contributed to inflation. Financial experts in a JuneNew York Times story said strong demand, supply shortages and the aforementioned factors on the service industry also are major pressures on inflation.
In a letter to congressional leadership, 126 economists wrote that the Inflation Reduction Act will have a downward pressure on inflation after a short-term upward pressure when the bill was first passed. The letter was obtained first by CNN.
Stanford University economist John Taylor and others have said that the Federal Reserves fiscal policy during the COVID-19 pandemic could be a factor. That policy aimed to artificially stimulate the economy by keeping interest rates lower than usual. However, the Fed operates on its own, not by Democrats or, when they are in power, Republican partisans.
Democrats blame inflation on international pressures such as the war in Ukraine. President Joe Biden said in May blamed inflation on Russias invasion of Ukraine. The war is affecting supply chains but the full impact will not be known for a while. Some countries have higher rates of inflation than the United States, with Turkey having an inflation rate of 54.8%, according to the Pew Research Center.
Wendy Edelberg, director of The Hamilton Project and a senior fellow in economic studies at the Brookings Institution, said in a Politico story that the supply chain disruption caused by the war in Ukraine is impactful but not the whole story of why inflation is rising internationally.
Our ruling
Nunns campaign said Iowans would pay $5,000 more this year because of inflation, and that Democrats were to blame.
Bureau of Labor Statistics data shows that Iowans will pay $4,176 more on household goods this year because of inflation, based on a bureau report for the Midwestern region going back to August 2022. The $5,000 figure comes from an estimate that Bloomberg News analysts predict for 2022. But it is an estimate. We must wait to see how close the prediction was to what happens.
The effect the American Rescue Plan ultimately will have on inflation has yet to be determined but it is having some effect, analysts said. But, solely blaming Democrats for inflation does not take into account the whole picture. Supply shortages and strong demand for products, supply chain problems and international market pressures combine with federal monetary policies to affect inflation. We rate the statement Half True.
Continued here:
Iowans are paying $5,000 more per year under inflation, are Democrats to blame? - PolitiFact
- Government shutdown fears intensify as Democrats stiffen resolve to block GOP spending bill - CNN - September 17th, 2025 [September 17th, 2025]
- Democrats respond to Ilhan Omar censure vote with in-kind push against Cory Mills - Axios - September 17th, 2025 [September 17th, 2025]
- Senate Democrats to propose alternative to GOP stopgap - Politico - September 17th, 2025 [September 17th, 2025]
- Opinion: Geoff Duncan giving Democrats headaches, and a chance - AJC.com - September 17th, 2025 [September 17th, 2025]
- Johnson Releases Spending Bill, Daring Democrats to Oppose It - The New York Times - September 17th, 2025 [September 17th, 2025]
- As shutdown deadline nears, Democrats have rare leverage over Trump. They're digging in. - USA Today - September 17th, 2025 [September 17th, 2025]
- As Trumps Epstein Scandal Spreads, Judiciary Democrats Release New Memo Detailing How Trump Administration Policy Puts Sex Offenders and Human... - September 17th, 2025 [September 17th, 2025]
- Is the government about to shut down? Republicans and Democrats far apart in talks. - USA Today - September 17th, 2025 [September 17th, 2025]
- Democrats hold onto slain Rep. Melissa Hortmans seat in special election, and more headlines - CBS News - September 17th, 2025 [September 17th, 2025]
- Durbin says Democrats absolutely have gone too far in rhetoric - The Hill - September 17th, 2025 [September 17th, 2025]
- Scoop: Democrats lean into shutdown fight with alternative funding plan - Axios - September 17th, 2025 [September 17th, 2025]
- Minnesota House deadlocked after Democrats win special election to fill seat of slain lawmaker - Fox News - September 17th, 2025 [September 17th, 2025]
- Minnesota House deadlocked after Democrats win special election to fill seat of slain lawmaker - New York Post - September 17th, 2025 [September 17th, 2025]
- News US Democrats eye reprieve for SMEs with tariff relief bill - The Loadstar - September 17th, 2025 [September 17th, 2025]
- NY Democrats want to fight fire with fire on congressional maps. It wont be that easy - Livingston County News - September 17th, 2025 [September 17th, 2025]
- Democrats stake out opposition to spending bill, raising threat of a shutdown - Aurora Sentinel - September 17th, 2025 [September 17th, 2025]
- Democrats are facing a gerrymandering armageddon. It was avoidable | David Daley - The Guardian - September 15th, 2025 [September 15th, 2025]
- Opinion | Democrats Cannot Just Buy Back the Working Class - The New York Times - September 15th, 2025 [September 15th, 2025]
- Democrats will 'either adapt or die' as strategists push them onto new platforms - NPR - September 15th, 2025 [September 15th, 2025]
- Even as they look ahead to midterms, Democrats keep rehashing Biden - The Washington Post - September 15th, 2025 [September 15th, 2025]
- Democrats activate weeklong voter drive to offset critical registration losses - The Guardian - September 15th, 2025 [September 15th, 2025]
- Democrats red-state strategy rests on hope and prayer - CNN - September 15th, 2025 [September 15th, 2025]
- Running without the party label stigma: Alabama Democrats line up - 1819 News - September 15th, 2025 [September 15th, 2025]
- Some hard truths for Democrats amidst the despair | Sondermann - Denver Gazette - September 15th, 2025 [September 15th, 2025]
- Democrats should support Trump's plan to give government gift to newborns | Letters - Milwaukee Journal Sentinel - September 15th, 2025 [September 15th, 2025]
- Think Big for a Change, Democrats: Call This the No Kings Shutdown. - The New Republic - September 15th, 2025 [September 15th, 2025]
- Democrats dig in on health care as threat of government shutdown looms - CNBC - September 13th, 2025 [September 13th, 2025]
- Don't even bother dealing with them, Trump says of Democrats shutdown demands - Politico - September 13th, 2025 [September 13th, 2025]
- Whoopi Goldberg lashes out at Democrats, says they should have 'kept their mouths shut' about Biden - Fox News - September 13th, 2025 [September 13th, 2025]
- Utah Democrats receive threatening voice messages in wake of Charlie Kirk's killing - ABC News - September 13th, 2025 [September 13th, 2025]
- With the economy faltering, Democrats in fall races focus on affordability - CNN - September 13th, 2025 [September 13th, 2025]
- California Democrats end legislative session with climate deal and infighting - CalMatters - September 13th, 2025 [September 13th, 2025]
- Why Hakeem Jeffries hasnt been able to bend Democrats to his will on redistricting - Politico - September 13th, 2025 [September 13th, 2025]
- The Oregon Senates top 3 Democrats received bomb threats Thursday - Oregon Public Broadcasting - OPB - September 13th, 2025 [September 13th, 2025]
- California Democrats promised to fix this law. They haven't delivered yet - CalMatters - September 13th, 2025 [September 13th, 2025]
- Democrats Are Still Debating Joe Bidens Decision to Run - The Atlantic - September 13th, 2025 [September 13th, 2025]
- Democrats Want JPMorgan and Other Banks to Testify Over Epstein Ties - The New York Times - September 13th, 2025 [September 13th, 2025]
- Democrats rally behind hardball strategy to upcoming shutdown fight - Government Executive - September 13th, 2025 [September 13th, 2025]
- Democrats Name Their Price for Avoiding Government Shutdown - MSN - September 13th, 2025 [September 13th, 2025]
- Texas state Rep. James Talarico on his Senate run and the future of Democrats - WBUR - September 13th, 2025 [September 13th, 2025]
- Democrats are on the verge of a dangerous mistake - vox.com - September 13th, 2025 [September 13th, 2025]
- Mamdani refused to back Biden or Harris hes not entitled to Democrats backing now - The Hill - September 13th, 2025 [September 13th, 2025]
- What a Virginia Democrats decisive win may mean for midterm elections - The Washington Post - September 13th, 2025 [September 13th, 2025]
- Democrats are doing better than ever in Trump-era special elections - CNN - September 11th, 2025 [September 11th, 2025]
- Democrats are doing better than ever in Trump-era special elections - CNN - September 11th, 2025 [September 11th, 2025]
- Democrats cant save democracy by shutting down the government - vox.com - September 11th, 2025 [September 11th, 2025]
- Column: Democrats should force a shutdown to save the government - Los Angeles Times - September 11th, 2025 [September 11th, 2025]
- House Democrats fume in meeting that Schumer will "sh*t the bed" again on federal funding - Axios - September 11th, 2025 [September 11th, 2025]
- House Democrats open probe into FBI's handling of Epstein documents - Fox News - September 11th, 2025 [September 11th, 2025]
- As Democrats seek to flip the Wisconsin State Senate, primaries shape up in two target districts - News From The States - September 11th, 2025 [September 11th, 2025]
- Map Shows Where Democrats Are Overperforming in Special Elections - Newsweek - September 11th, 2025 [September 11th, 2025]
- Democrats Have No More Excuses on Gaza - The Nation - September 11th, 2025 [September 11th, 2025]
- Democrats in CT town accused of celebrating Charlie Kirk's death say they're victims of 'blatant' lies - CT Insider - September 11th, 2025 [September 11th, 2025]
- Taking a closer look at the Democrats' proposed district maps - Spectrum News - September 11th, 2025 [September 11th, 2025]
- Democrats Block Ernst Effort to Safeguard Critical Technology from Chinese Espionage - U.S. Senator Joni Ernst (.gov) - September 11th, 2025 [September 11th, 2025]
- Democrats want to know how the Forest Service is funding its deferred resignation program - Government Executive - September 11th, 2025 [September 11th, 2025]
- All 18 uncontested state legislative incumbents this year are Democrats - Ballotpedia News - September 11th, 2025 [September 11th, 2025]
- Democrats add 1 more vote in Congress after Virginia special election - Politico - September 11th, 2025 [September 11th, 2025]
- Democrats try new approach with platform "written from the ground up" - State House News Service - September 11th, 2025 [September 11th, 2025]
- Pass some gun laws: Democrats slammed for reaction to Charlie Kirk's Utah assassination | Hindustan Times - Hindustan Times - September 11th, 2025 [September 11th, 2025]
- Democrats bill would repeal ban on jobless pay for SSDI recipients - Wisconsin Examiner - September 11th, 2025 [September 11th, 2025]
- House Democrats post 2nd Epstein birthday book page referencing Trump - Axios - September 9th, 2025 [September 9th, 2025]
- Swalwell picked to lead Democrats on new Jan. 6 panel - Politico - September 9th, 2025 [September 9th, 2025]
- House Democrats release image of alleged Trump birthday note to Epstein - PBS - September 9th, 2025 [September 9th, 2025]
- Democrats release suggestive letter to Epstein purportedly signed by Trump, which he denies - Los Angeles Times - September 9th, 2025 [September 9th, 2025]
- LEADER JEFFRIES: HOUSE DEMOCRATS WILL MAKE SURE THAT THE AMERICAN PEOPLE CONTINUE TO RECEIVE THE UNFILTERED TRUTH Congressman Hakeem Jeffries -... - September 9th, 2025 [September 9th, 2025]
- How Democrats pressured U.S. Rep. Lloyd Doggett to step aside for the next generation - The Texas Tribune - September 9th, 2025 [September 9th, 2025]
- Democrats are overreacting to Trump 'invading' Chicago, DC | Opinion - USA Today - September 9th, 2025 [September 9th, 2025]
- In the Battle for Congress, Working-Class Democrats Try a Hardscrabble Pitch - The New York Times - September 9th, 2025 [September 9th, 2025]
- Texass Gerrymander May Not Be the Worst Threat to Democrats in 2026 - The New Yorker - September 9th, 2025 [September 9th, 2025]
- Trump says Democrats have blood on their hands after deadly Charlotte train stabbing - Fox News - September 9th, 2025 [September 9th, 2025]
- Democrats, GOP test their playbooks as Trump looms over elections in New Jersey and Virginia - WHYY - September 9th, 2025 [September 9th, 2025]
- Democrats Demand to Know More About Security Clearance Revocations - The New York Times - September 9th, 2025 [September 9th, 2025]
- Georgias Young Democrats gather in Statesboro to discuss a fresh path - thecurrentga.org - September 9th, 2025 [September 9th, 2025]
- The Weeknight debates looming govt shutdown: Democrats must stand as the opposition - MSNBC News - September 9th, 2025 [September 9th, 2025]
- Joe: Democrats need to talk about inflation, talk about the economy and they'll win - MSNBC News - September 9th, 2025 [September 9th, 2025]
- Duckworth says DHS 'fled the base during visit by Democrats - Politico - September 9th, 2025 [September 9th, 2025]
- Secretary of State reports Other continues to outpace Republican, Democrats in voter registration - NKyTribune - September 9th, 2025 [September 9th, 2025]
- Democrats seek to capitalize on climbing energy bills - Roll Call - September 9th, 2025 [September 9th, 2025]
- Democrats Bet Briefly Preventing a Health Insurance Apocalypse Is Good Politics - The American Prospect - September 9th, 2025 [September 9th, 2025]