Political Quotes

On the recordJanuary 23, 2024
this past Saturday marked 3 years of the Biden administration. After 3 full years under President Biden, the question naturally arises, Is America better off? Are Americans better off? For a whole lot of Americans, the answer is no. In a December poll, 55 percent of voters said they are worse off under President Biden. In a January poll, 46 percent of voters said their personal financial situation is getting worse compared to just 28 percent who said it is improving. A recent ABC News article noted: In a dispiriting sign of the times, barely more than a quarter of Americans say the American dream still holds true. It is no wonder because perhaps the biggest legacy of the President's first 3 years in office is a massive inflation crisis that has still-- still--not gone away. Inflation may have descended from the stratospheric heights it reached earlier in the President's term, but we are still stuck with an inflation rate well above the Federal Reserve's target rate of 2 percent. And inflation actually ticked up again in December by a not insignificant margin. The practical effect has been that a whole lot of Americans have seen their breathing room disappear under President Biden. According to a recent analysis from the members of the Joint Economic Committee here in Congress, a typical household has to spend over $11,000 more each year to maintain the same standard of living it had at the beginning of the Biden administration--$11,000 more each year.…
Said by
John Thune
Republican · South Dakota

Share

More from John Thune

Jun 17, 2026

We only got 48 votes; we had that vote last week on all five components.

dailycaller.com
Jun 17, 2026

There’s a bunch of things in here that I think we’re going to have questions about.

rollcall.com
Jun 11, 2026

I don’t know what realistic is, but we’re gonna probe the limits of it.

rollcall.com
Jun 26, 2026

We’re working with the stakeholder community and our members on both sides to figure out if that’s something we can execute on and get done," Thune said.

foxnews.com

Other voices in this conversation