[Congressional Record Volume 169, Number 128 (Tuesday, July 25, 2023)]
[House]
[Page H3907]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     BIDENOMICS IS FAILING FAMILIES

  (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, President Biden has 
continued his fabricated excuses for Bidenomics. His message is not 
reality understood by American families.
  According to the New York Post op-ed by Brian Riedl, senior fellow at 
the Manhattan Institute: `` `Bidenomics' is a record of failure,'' and 
the President will spend $5 trillion over the next decade. This 
spending is ``driving prices upward by more than 16 percent . . . since 
the President took office, at a cost of more than $10,000 for the 
typical household,'' and hourly compensation has fallen by 5 percent. 
``When incomes cannot keep pace with inflation and families are falling 
behind, few other economic variables matter.''
  Biden fails to recognize that inflation reached the highest rate in 
40 years under his watch of borrow, tax, and spend, and it is failing 
families and destroying jobs.
  In conclusion, God bless our troops, who successfully protected 
America for 20 years, as the global war on terrorism continues moving 
from the Afghanistan safe haven to America with open Biden borders.

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