[Congressional Record Volume 169, Number 162 (Tuesday, October 3, 2023)]
[House]
[Page H4962]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





               AMERICANS ARE POORER UNDER PRESIDENT BIDEN

  (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. Madam Speaker, yesterday, Arthur Laffer 
and Stephen Moore of the Committee to Unleash Prosperity, revealed that 
Biden was accelerating poverty.
  The recent Census Bureau report on income and poverty in 2022 was 
god-awful. The supplemental poverty rate rose in 1 year by nearly a 
record amount. The child poverty rate doubled. Almost every income 
group--old people, young people, males, females, and residents of our 
region of the country--lost ground.
  Meanwhile, median income fell by 2.2 percent. The average family is 
roughly $2,000 poorer than when Biden entered office, following more 
than a $6,000 raise in the middle-class incomes under Trump.
  Instead of the JFK aspiration of the rising tide lifting all boats, 
we now have a falling tide that is capsizing all boats. Biden's 
failures are a useful reminder that putting equity over prosperity 
leads inevitably to equal misery.
  I am very grateful for the leadership of Speaker Kevin McCarthy 
promoting border security as national security.
  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 Biden open borders.

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