Political Quotes

“With Thanksgiving around the corner, central Arkansans and Americans are headed to the grocery stores, excited to shop for another holiday and to gather around the table with loved ones. Unfortunately, they are still wincing at the price of turkey, stuffing, and the sides 3 years later, thanks to the persistent inflation due to President Biden and his failed economic policies. In 2019, the average price of a turkey was 89 cents a pound. Last year's ``Turkey Day'' was up to $1.55 per pound. This is just another example of the negative effect President Biden's incompetent Bidenomics has had on the wallets of our working families and the detrimental effect it has had on our economy and our fiscal outlook. Interest rates are at a 23-year high, and Arkansas families are spending an average of $8,400 more per year on the same things that they buy every year for their families. Mr. Speaker, that is $700 more per month on just basic things, like back to school, Thanksgiving, Christmas presents, essentials, car payments, mortgage payments. This administration, along with Democrats in Congress, have led on failed policies that have created a destructive domino effect on our entire economy, from driving 40-year highs in inflation to out-of- control government spending. The Federal Reserve kept interest rates too low for too long and are now left playing catch-up in the hopes of beating inflation in the short run without causing too much damage to long-run economic growth.…”