Biden's Economic Destruction

Biden's Economic Destruction

• Biden's economy is continuing to fail the American people and Democrats' tax-and-spend agenda will only make things worse.
• President Trump and Republicans set Biden up for a historic jobs recovery, but most of Biden's jobs reports have been well below expectations.
  • In November, economists expected 573,000 new jobs, but just 210,000 jobs were added, missing expectations by 363,000. This was Biden's worst jobs report.
  • There are more than 10 million job openings nationwide – Biden and Democrats' policies are keeping Americans home, creating a historic labor shortage.
  • As Democrats fail, Republican states are leading the way: through October, 17 of the top 20 states for jobs recovered since the pandemic are led by Republicans.
• As Biden denies the reality of inflation, the American people know the truth: they're paying much more for the goods and services they need, and their wages aren't making up the difference.
  • Prices are rising at the fastest rate in more than 30 years, forcing Americans to pay more for food, rent, energy, transportation, and just about everything else.
  • 77% of Americans say inflation has personally affected them. Low-income households are being hit the hardest: 71% of those making under $40,000 a year say Bidenflation has caused them real financial hardship.
  • Small businesses aren't spared either, with 75% saying they're paying more for the supplies they need – many say they will be forced to raise prices as a result.
• Just in time for the holidays, the U.S. supply chain crumbled on Biden's watch.
  • Shelves across the country are empty, as goods are struggling to reach consumers. Half a million shipping containers are stranded off the coast of Southern California, with ports operating at only 60 to 70% capacity.
  • Last month Biden promised relief by announcing a deal to open up 24/7 operations on these ports, but he has failed to deliver.
• Biden is focused on firing Americans who don't adhere to his draconian vaccine mandate, which will impact 100 million workers across the nation.
  • Biden broke his promise that he wouldn't mandate vaccinations.
  • After Biden spread vaccine disinformation throughout his campaign for callous political reasons, it's clear his flip flop to a vaccine mandate is about power and politics, not saving lives.
  • You can be pro-vaccine and pro-freedom – that's why the Republicans are suing the Biden administration to protect the fundamental rights of every American.
• Biden has managed to squander the American economy in just a few months in office, and his agenda, including "Build Back Broke", will only make matters worse.
  • Biden is falsely claiming that his nearly $2 trillion tax-and-spending spree will not add to inflation , is "fully paid for," and will not raise taxes on middle-class families across America.  
  • Economists across the aisle have warned "Build Back Broke" will worsen inflation, including former Obama economic advisor Steven Rattner.
  • The Congressional Budget Office (CBO), which Biden previously called the "gold standard," estimates the Build Back Better Act would increase the U.S. deficit by  $367 billion over the next decade.
  • If Biden gets his way, 30% of middle-class families would see higher taxes, while many blue state millionaires and billionaires will see tax cuts.
• Biden is delivering disappointing jobs reports, empty shelves, and higher prices, and is doubling down on failed policies, job-destroying mandates, and socialist pet projects. That's not what the American people want or need.
• It's clear – Republican policies work. We see the evidence here in North Carolina as our Republican legislature CUTS taxes, INCREASES savings, and sets our state up for success. All despite the hemming and hawing of a Democrat governor who'd like nothing more than to mirror Biden's Build Back Broke plan and drag North Carolina over the cliff.
  • Democrat Governor Roy Cooper is still abusing his authority to keep NC in a state of emergency and enforcing vaccine mandates by firing employees with natural immunity.
  • Cooper rails against tax cuts and pro-growth policies, then turns around to tout corporate investments in NC that wouldn't happen without those Republican policies.
• Democrats' radical, authoritarian policies only work to subjugate citizens and ruin the economy, meaning a Red Wave in 2022 is absolutely critical to restoring our nation.

Courtesy of NCGOP