I love the concept that he juxtaposes to opportunities. It is interesting that in our political environment, from 2017 to 2021 and 2025, we have seen the White House, House, and Senate flip completely three times. I think that is a little bit unprecedented. To flip the White House, House, and Senate three times in the last 8 years is unprecedented. It gives us a unique opportunity, though. Look at TCJA and ARPA. Look at the Tax Cuts and Jobs Act and then go look at the American Rescue Plan Act. Created wage growth, no inflation. Those are consistent things that took place from TCJA when tax reform took place with Republicans. The American Rescue Plan was stimulus spending masquerading as COVID relief spending. It was massive amounts of monetary policy added to the system. There is only one equation, and that is inflation. Look at the difference between an inflationist and real wage growth. Those are the two things we have to compare. This bill basically takes 2017 and says we have seen this work.
Blake Moore: “I love the concept that he juxtaposes to opportunities. It is interesting that in our political environment, from 2017…”
Editor's note · Context
Discussing the political shifts and economic policies during a recent floor speech.
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