Sen. Mike Lee: ‘Inflation Bomb’ Robs ‘Poor To Give It To Rich’

By Newsmax
Posted on 07/26/21 | News Source: Newsmax

While Democrats are claiming their massive spending plans are designed to help the poorest Americans, the “multi-trillion-dollar inflation bomb” is a “reverse-Robin-Hood mission” that will only serve a handful of the richest, according to Sen. Mike Lee, R-Utah.

“This inflation bomb that they are proposing, which some are estimating could involve $4 trillion, is only going to worsen the already frightening inflation,” Lee told Sunday’s “The Cats Roundtable” on WABC 770 AM-N.Y. “Inflation carries out a reverse-Robin-Hood mission, where we rob the poor to give it to the rich. A small handful of people will get rich off of this.”

Lee was echoing the warning of former White House chief of staff Mark Meadows, who told Newsmax’s “America Right Now” on Saturday that “most of the money that they’re talking about, actually will go to major metropolitan areas.”