U.S. Rep. Ro Khanna, a progressive from California, suggested that producing more goods in America rather than importing them from overseas will help lower inflation.
Rep. Ro Khanna, D-Calif., discusses Biden’s China strategy, saying America should not be exporting oil to foreign countries right now, on ‘Sunday Morning Futures.’
Progressive U.S. Rep. Ro Khanna, D-Calif., on Sunday blamed inflation on the U.S. Federal Reserve and said the U.S. should not beKhanna, who sits on the House Oversight, Armed Services, and Agriculture Committees, appeared ontelling anchor Maria Bartiromo that record inflation is due in part to the Fed keeping quantitative easing in place for too long and the fact that not enough goods are being produced in America.
"Look at the shipping costs, look at the costs for importing all these goods," the congressman said. "If we had an industrialization policy, if we made more things in America, we would lower costs." Khanna questioned why we would want solar panels, batteries, electric vehicles, and wind turbines to be
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