I appreciate so much the comments of my colleague. I think this shows you that whether you are talking about Wyoming and the people who are there or Tennessee, my State, the economy is one of the top issues people are discussing. Joe Biden addressed the Nation just over a year ago, and he had all of these bold claims about how he expected the economy to respond to his what I thought were reckless taxing-and-spending sprees. He made this statement, and I am going to quote him because he was trying to make the point that inflation was transitory, that it was going to be temporary. Here is what he said: I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy. While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed. Well, let's fast-forward a year from that very bold, brash statement, and we know that it was a falsehood that was meant to distract ``we the people'' while the President and the Democrats worked overtime to make things worse. Now, this week, economists expect to confirm what we have known for a long time and, as Senator Barrasso was saying, what people are feeling in their personal economy--that the U.S. economy isn't just struggling, it is shrinking. Buying power for households is shrinking. Options and choices are shrinking.…
On the recordJuly 26, 2022
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