Fresh attacks and partisan row ahead for U. S. economy
Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession and then piling on trillions of dollars in spending programs.
Voters are sick and tired of paying higher prices for everything because of these big-government Democrats and their reckless spending,” said Rep. Tom Emmer, who chairs the National Republican Congressional Committee.
New numbers on Friday showed prices are continuing to rise at a rapid clip, climbing 4.4 percent in September compared to the same month last year.
That comes after the latest employment report earlier this month showed the economy added fewer than 200,000 jobs in September — far less than expected — while prices are continuing to rise at a rapid clip.
Tags biden budget Democrats House of Representatives jobless jobs Republicans spending
Check Also
Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance
Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and …