Smith: Biden's Economy Continues to Stumble Along

Statement

Date: Sept. 1, 2023

"The American people are still being throttled by the Biden Administration's disastrous agenda and reckless spending. Under Republican economic policies, job growth reached historic highs while lower-income workers saw fifty percent higher wage growth than high-income earners. Today, under President Biden, the situation is reversed and lower-income workers are suffering the most: 63 percent of Americans are living paycheck to paycheck. This has been exacerbated by higher prices that have robbed every working family of $10,000 per year and stifled economic growth. Conservatives in Washington will continue to fight back against Democrats' out-of-control spending and focus on policies that will grow our economy, create good-paying jobs, and deliver relief for working-class families, farmers, and small businesses."


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