Sunday, October 08, 2023

Jason Smith: The painful reality of Bidenomics


(From Eighth District Congressman Jason Smith)

On October 6, the Commerce Department announced economic statistics that exceeded expectations, with more jobs created in the month of September than analysts had predicted. 

But one jobs report doesn’t capture the reality of what life is like in today’s economy – where gas prices are on the rise, mortgage rates are the highest they’ve been in over 20 years, and families are experiencing the most painful cost-of-living crisis in decades.

Ever since President Joe Biden took office, it’s gotten harder and harder for Americans to put food on the table, clothes on their backs, and gasoline in their cars. 








What’s incredibly frustrating is that it didn’t need to be this way. From day one of the Biden administration, Republicans and even members of Biden’s own party warned that the Left’s wasteful spending spree would destroy the strong economic growth we had under President Donald Trump. Despite all the pain Americans are feeling every time they go to the grocery store or fill up the tank, Biden believes his economic agenda is something that should be celebrated.

During a speech in September to highlight his economic agenda – which he calls “Bidenomics” – the president boldly proclaimed, "For the first time in a long time, we've climbed out of our great economic crisis.” The president couldn’t be more out of touch. Clearly, Biden needs to spend more time talking with real Americans instead of kicking back on the beach outside his nearly $3 million home in Delaware.

The reality is that farmers, ranchers, and workers are struggling to make ends meet in today’s economy, the worst we’ve had in generations. Since Biden took office, the cost-of-living has skyrocketed by 17.4%, which is forcing working-class Americans to make incredibly difficult financial decisions every single day. Americans are spending $709 more per month to buy the exact same goods and services than they did just two years ago. And according to a new survey, 76% of Americans earning less than $50,000 a year were living paycheck to paycheck in July. But none of these facts come as a surprise to farmers, ranchers, and workers who, for nearly two years, have been feeling the pain of Biden’s economic agenda ever since he took office.

What’s interesting is that more of Biden’s allies are finally beginning to speak out about the failures of Bidenomics. In a story by Politico, the liberal-leaning D.C. media outlet wrote that one Democrat from Nevada “warned the White House that the Bidenomics brand is built on shaky ground.” And on CNN, David Axelrod, a top Obama administration aide, recently said, “… food prices, gas prices are still high, and that’s how people judge the economy.” 








While it’s refreshing that some of the president’s allies are beginning to speak the truth about Bidenomics, the damage has already been done and, sadly, more pain is in store for the American people thanks to the Left’s disastrous economic agenda.

It drives me crazy every time I hear Biden and the Left claim that Democrats are trying to help working-class Americans. Republicans are the only ones who are fighting for the men and women who work tirelessly from sun up to sun down to earn a paycheck. As the Left continues to waste hundreds of billions of tax dollars on special interest tax breaks for the wealthy, big banks, billion-dollar corporations, and foreign countries like China, I’m working around the clock to cut spending, get our economy back on track, and deliver for the working-class folks I’m incredibly proud to represent in Congress.

12 comments:

  1. Anonymous7:48 AM

    Republican Jason Smith has lots of time to write these press releases now, as the House is in recess thanks to having no speaker thanks to the Republican party and it's defective conservative Republican members such as Matt Gaetz.

    Republicans like Jason must be hoping that nothing happens that would require congressional action while they are out of action and speakerless.

    Hopefully there won't be a massive terrorist attack on an ally like Israel while the House is out of action.

    Also there is the matter of Republican Senator Tuberville's blocking hundreds of military and diplomatic promotion and appointments.

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  2. Anonymous9:04 AM

    While Israel goes to war, the US:
    *Has no Speaker of the House
    *No confirmed ambassador to Israel
    *Operating under a CR
    *Tuberville stalling military nominations
    *Senate out of town this week

    Without a formally elected Speaker, House Minority Leader Hakeem Jeffries was briefed Saturday evening on the unfolding situation in Israel, Punchbowl News founder Jake Sherman reported. However, Jeffries said Sunday that the Gang of Eight had not met for an intelligence briefing. The Democrat from New York is reportedly working on a briefing for all House members this week.

    Meantime Jason Smith fiddles and diddles with his bogus Biden jihad.

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  3. Anonymous11:54 AM

    Just can't handle the facts can you?

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  4. Anonymous2:30 PM

    1154 and smith are an example of the pathetic new republican party. Disgusting, barbaric, and mind numbingly ignorant to the world around them. Take a look at the news 1154, your heartless and gutless focus on slander and division spoken by smith reveals your loyalty to the orange fat bastard who doesn't give a shit that people are being murdered in lsreal and you obviously don't either. Smith doesn't serve you or us, like the rest of the abominations, he/they serve themselves and the republican party. The next page of this shit show will be the spectical of the speaker selection. Would be entertaining show if not for the current world situation. There's your facts 1154 (jackass).

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    Replies
    1. Anonymous10:33 AM

      All I know is if the Dems are scared of Trump I’ll back him. Democrats are the party of parasites

      Delete
    2. Anonymous10:35 AM

      He/They 😂 just like a Dem to write that. Confusion runs wild with the Dumbs

      Delete
  5. Anonymous4:25 AM

    More Repubican moral and political rot exposed in Texa$$.

    "The day began with House Speaker Dade Phelan responding to The Texas Tribune’s reporting that Defend Texas Liberty PAC President Jonathan Stickland hosted antisemitic white supremacist Nick Fuentes at his office building for nearly seven hours on Friday. “This [is] not just a casual misstep,” Phelan said in a statement. “It’s indicative of the moral, political rot that has been festering in a certain segment of our party for far too long. Anti-Semitism, bigotry and Hitler apologists should find no sanctuary in the Republican Party. Period. We cannot – and must not – tolerate the tacit endorsement of such vile ideologies.”

    Phelan invoked the Hamas attack while pointing out Fuentes’ history of being a “Nazi sympathizer.” Fuentes has praised Hitler, called for “holy war” against Jews and said that “all I want is revenge against my enemies and a total Aryan victory.”

    Phelan demanded that elected officials — notably Lt. Gov. Dan Patrick, who recently received $3 million from Defend Texas Liberty in loans and donations — give all money they received from the PAC to charity. Later Monday, 60 members of the Texas House Republican Caucus released a similar statement calling for elected officials to return or donate money from Defend Texas Liberty."

    https://www.texastribune.org/2023/10/09/dade-phelan-speaker-nick-fuentes-dan-patrick-defend-texas-liberty/

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  6. Anonymous6:22 AM

    2:30, I feel sorry for pathetic sheep like you.

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  7. Anonymous12:51 PM

    At least I'm not in the barn looking forward to regularly mounting one like 622.

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    Replies
    1. Anonymous10:36 AM

      We are all in the barn getting screwed by Biden wake up, realize there are only 2 genders, and that killing babies is wrong

      Delete
  8. Anonymous12:36 PM

    2:30/12:51. you are the problem, not the solution, you can't stay on topic, all you can do is bash and call names. You are a vile, pitiful sad person.

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  9. Anonymous6:37 AM

    Thursday morning October 12, the republican caucus is still out to lunch, and the house still has no speaker.

    Jason and his fellow conservatives continue to be as productive as teats on a boar.

    ReplyDelete