Mr. Speaker, I rise to discuss the current state of our economy. With ill-advised lockdowns finally ending, our economy should be firing on all cylinders. Unfortunately, we are, in many ways, stuck in the mud. America has seen a string of disappointing jobs reports that fall short of expectations, and excessive government spending is driving up what is effectively a tax increase on every American--inflation. Over 8 million jobs are available, even as the government pays people not to work. This is creating a dramatic workforce shortage and forcing our job creators to compete with the heavy hand of government. In fact, our labor participation rate sits at just 61 percent, the lowest total this century when you exclude the opening months of the pandemic. And the massive spending rammed through by President Biden and Speaker Pelosi is only hurting us. Inflation is surging, affecting the price of everyday items Americans buy, like milk and gasoline. This $2 trillion in new spending came despite an economy that was reopening and on the mend, and it made Americans less likely to work and the government more likely to waste hard-earned tax dollars. But for our Democrat friends, this wasteful spending knows no bounds. President Biden has proposed an outrageous $6 trillion Federal budget that is a slap in the face to every American taxpayer.…
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