Friends,
“It’s the economy, stupid.”
This famous tagline, coined by then-Governor Bill Clinton-advisor James Carville, defined the 1992 election. Now, 30 years later, we face another election that is a referendum on the economic policies of the party in power.
You can feel it. Biden-Inflation has had the effect of cutting your pay equal to a month’s salary. Too many families are digging into their savings, delaying retirement, and cutting back to try to make ends meet. Just over the last year, fuel prices are up 58% and energy is up 20%. Food at home costs 13% more, as essentials like gallons of milk are up 15.2% and eggs are up 30.5%. In North Carolina, inflation is costing families an additional $660 every single month, or nearly $8,000 per year. Even Halloween can’t escape, as parents are paying exponentially more for candy this year compared to last.
Washington Democrats’ reckless spending has damaged our economy across the board. But rather than taking real steps to address these issues, Washington Democrats have doubled-down on their inflation-worsening, progressive agenda. This includes measures like their so-called “Inflation Reduction Act.” This $740 billion bill will raise your taxes, grow federal bureaucracy, and make inflation worse. Additionally, President Biden's reckless student loan plan will unfairly force you to pay others' debts.
Worse still, Washington Democrats have failed to strengthen America’s supply chains or energy production. In addition to gas prices, this winter folks can expect home heating costs to be the highest they have been in years. Furthermore, people across the country continue to reel from shortages, including of critical products like baby formula. Despite this, Washington Democrats continue to stifle domestic energy production and neglect efforts to shore up our supply chain. Instead, President Biden has moved to drain our Strategic Petroleum Reserve and turn to foreign, often hostile, entities like Communist China, Venezuela, and Saudi Arabia for fuel and critical materials.
You and your family will continue to suffer from the economic missteps coming out of Washington. The Left doesn’t have a plan to fix them. Yet House Republicans have a plan to change our nation’s trajectory and create an economy that’s strong.
To get our economy back on track, Republicans will lower reckless, inflation-causing spending and build an economic environment that fosters growth and reduces costs. Additionally, we will unleash energy independence by utilizing an all-of-the-above approach to energy development and maximizing production of American-made energy. Giving producers confidence for the future will immediately help drive down prices. We will also end our dangerous reliance on foreign nations for critical supplies by moving supply chains away from places like China and creating manufacturing jobs here in the U.S.
I know our country’s economic situation is dire right now. But it doesn’t have to be this way. You should not have to pay the price for Washington Democrats’ economic mismanagement. That’s why our plan, the “Commitment to America,” offers you a new direction to create an environment that nourishes growth, prosperity, and the pursuit of the American Dream. Fixing the economy is the number one issue I’m focused on as your Congressman because that’s what families tell me they are concerned about most. You and James Carville get it.
Until Next Week,
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