Yesterday, Arthur Laffer and Stephen Moore of the Committee to Unleash Prosperity, revealed that Biden was accelerating poverty. The recent Census Bureau report on income and poverty in 2022 was god-awful. The supplemental poverty rate rose in 1 year by nearly a record amount. The child poverty rate doubled. Almost every income group--old people, young people, males, females, and residents of our region of the country--lost ground. Meanwhile, median income fell by 2.2 percent. The average family is roughly $2,000 poorer than when Biden entered office, following more than a $6,000 raise in the middle-class incomes under Trump. Instead of the JFK aspiration of the rising tide lifting all boats, we now have a falling tide that is capsizing all boats. Biden's failures are a useful reminder that putting equity over prosperity leads inevitably to equal misery. I am very grateful for the leadership of Speaker Kevin McCarthy promoting border security as national security. In conclusion, God bless our troops who successfully protected America for 20 years as the global war on terrorism continues, moving from the Afghanistan safe haven to America with Biden open borders. ____________________
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