Rae Oliver Davis: “The next aspect of this was the markets for investment to create jobs in the private sector began to drop. When I…”

“The next aspect of this was the markets for investment to create jobs in the private sector began to drop. When I graduated from college, I was glad I enlisted in the Army because there were no manufacturing jobs left in western Pennsylvania when I was 17 years old. The next thing that we saw was inflation at the highest rate it had been in anybody's memory. When I graduated from college, I think the prime rate was under 17 or 18 percent. It was impossible for a working family to afford a mortgage or to buy a house. It was driving the very people these Big Government tax solutions were designed to help, actually were hurting more than anything else, which concerns me with this vote 14 days into the new Congress. We are going to raise taxes on the fundamental bedrock economy that drives the entire economy, the energy that fuels it all, literally, and in 1,446 days every working family in this country, unless we stop that, will have a $2,096 tax increase.”