Shelley Moore Capito: “I rise today, really, to speak on behalf of the American people that I represent--and those are my great West…”

“I rise today, really, to speak on behalf of the American people that I represent--and those are my great West Virginians--but Americans all across the country--many, many of whom have been left behind in President Biden's pursuit of Bidenomics and who are directly feeling the scars that his administrative policies have left on the American dream. American families are experiencing ever-increasing financial pressure due to the state of our Nation's economy, which is jeopardizing our ability to succeed. And it is jeopardizing our ability to feel confident. It is simply unfair that Americans are compromised at every turn due to inflation--increased interest rates, costly regulations, and tax hikes on essential items that we all need to live. But not only is this unfair, but for a country as strong and resourceful as our country is, it is unacceptable. So let's just take a quick refresher on what exactly Bidenomics means. What began as sort of an ambiguous term to recognize the economic policies of this administration has quickly come to mean one thing: You are spending more and getting less. It means that we see inflation reach a 40-year high and remain persistently above the Fed's target rate and pre-Biden administration levels. It also means that mortgage rates would reach and remain at a 30-year record and that interest rates would rise at the fastest pace over the last four decades.…”