[Congressional Record Volume 167, Number 185 (Thursday, October 21, 2021)]
[House]
[Page H5737]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    AMERICANS SHOULD NOT EXPECT LESS

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, James Freeman of the Wall 
Street Journal on October 19 wrote an editorial on how Americans should 
not be complacent living with less, as jobs are destroyed while 
inflation accelerates:
  ``Selling the Joe Biden-Bernie Sanders era of scarcity won't be easy. 
And it's going to get much harder if the President and his legislative 
coauthor enact their massive new plan to discourage productive labor.

       Examining the House version of the plan, economist Casey 
     Mulligan estimates that by reducing the incentives to work, 
     the bill's planned expansions of Federal benefits will cost 
     nine million jobs.
       Already, the COVID-era combination of astronomical 
     government spending and money creation has resulted in too 
     many dollars chasing too few goods.
       Generations of them, American consumers, built the largest 
     economy in the world and various online commenters have 
     suggested a slogan for Democrats running in 2022: Expect 
     Less.

  In conclusion, God bless our troops, who successfully protected 
America for 20 years, as the global war on terrorism continues moving 
from Afghanistan to America.

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