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Biden’s Economic Nightmare Worsens

by Market FinancePosted onDecember 1, 2021December 1, 2021

This is going to be very bad.

During a recent interview with Fox, Republican Rep. Jim Jordan taunted President Biden and the Democrats for continuing their push to spend more money while the United States hits a 31-year-high inflation record.

In transcript provided by Fox Business, Rep. Jordan hit Democrats and noted, “I mean, no one believes what the Biden administration says, I mean, they’ve told us that the border is secure, they told us they wouldn’t impose a vaccine mandate. They actually told us that the exit from Afghanistan was a success, so no one believed him when they said this was transitory because we see that where everyone knows that if you want to, you want to buy anything, it’s going to cost more. You want to buy a home. It’s going to cost more. You want to rent an apartment, it’s going to cost more to put food on the table, it costs more. To put gas in your car, it costs more. For Christmas presents. It’s costs more.”

Jordan then talked about the current state of the economy and said, “I saw a story yesterday where they can’t even find enough Santa Clauses is that this is how bad the Biden economy is. So no one believed what they said. What the Fed chairman said yesterday is unfortunate. I think the facts and we’re going to have to live with this for a while unless they quit the crazy spending, which they show no indication of wanting to do.”

Currently, there is a lot of economic uncertainty in America. President Biden’s Build Back Better plan is expected to cost a hefty sum of American tax dollars and many believe it will do more harm than good. Only time will tell.

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