Biden Administration Insists All is Well

Floor Speech

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Mr. MOORE of Alabama. Madam Speaker, when it comes to the economy, the Biden administration continues to insist that all is well. His press secretary claims the economy is in a better place than it has been historically.

Historically? Perhaps she needs to read a history book. Inflation is at a 40-year high in this country. President Biden himself makes the false claim that inflation is worse elsewhere in the world than here.

Mr. President, the United States has worse inflation than Germany, France, Japan, Canada, India, Italy, Saudi Arabia, and the list goes on. What is this explanation?

The Biden administration blames the pandemic and Putin, but each of those countries has also had to deal with the same problems we have dealt with. Why is their inflation not like ours?

Mr. President, the answer is easy: Quit overheating the economy with government spending. Cut red tape and regulations hampering our industries. Let the American people keep more of their hard-earned money.

Conservatives once warned against our economy turning into Europe. Unless we change course, Europe will be worried about becoming us.

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