The Democrat economy is failing; choose her
The Democrats have controlled the government for almost two years now. As the election approaches, it’s time to assess their performance. Their biggest failure was not fighting the huge rise in inflation. Evidence can be seen at the gas pump, the grocery store and everywhere else. Essentially, about a month’s wages are lost each year to higher prices caused by inflation.
And recently the Democrats passed legislation that would spend billions and billions more that we don’t have on things we don’t need. In what appears to be deliberate mockery of taxpayers, they dubbed it the “Inflation Reduction Act.” I heard NPR’s Mara Liasson, who is hardly a conservative, say that the bill could call many things appropriate, but not inflation reduction.
The bill includes an $80 billion increase in funding for the IRS, which is expected to result in a significant increase in tax audits. Due to the complexity and ambiguity of the tax code which is likely to result in many more honest and well-intentioned taxpayers having to hire tax attorneys to represent them.
Now interest rates are rising as the Federal Reserve tries to stem runaway inflation. The average 30-year mortgage rate is over 6%, which is well over double what it was when Biden took office, locking many out of the housing market. Rent and car payments are skyrocketing, as is credit card debt, but 401(k)s are falling as rising interest rates impact stocks.
The Democrats have failed miserably in managing all aspects of the economy. For that alone they should be removed from office. I urge everyone to join me and vote them out.
Carl Brady, Frederick
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