In the News

ALEC in The Washington Times: Inflation Creating a Monthly Pay Cut for Americans

A recent story in The Washington Times on rising airfares and flight cancellations ahead of Labor Day quoted ALEC Vice President of Policy Lee Schalk on the impact of inflation.

According to the American Legislative Exchange Council, a network of conservative state legislators and private investors, these numbers suggest some travelers are running out of vacation money.

“Inflation is still at its highest level in over 40 years and it’s far outpacing the growth in wages,” said Lee Schalk, the council’s vice president for policy. “That means Americans are essentially taking a pay cut each month, with fewer dollars left for vacations, airfare, or car rentals.”

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