82.9 F
Mobile
83.1 F
Huntsville
78 F
Birmingham
70.6 F
Montgomery

U.S. Rep. Barry Moore warns Biden admin spending agenda ‘overheating’ economy, fueling inflation

In a Wednesday speech on the floor of the U.S. House of Representatives, U.S. Rep. Barry Moore (R-Enterprise) railed against the Biden administration’s fiscal policies amid the inflationary state of the economy.

In his remarks, Moore slammed the administration’s messaging strategy as it related to the current inflation crisis.

“When it comes to the economy, the Biden administration continues to insist ‘all is well!’ His press secretary claims: ‘the economy is in a better place than it has been historically.’ Historically? Perhaps she needs a history book,” asserted Moore in the speech. “Inflation is at a 40-year high in our country.”

Watch:

The South Alabama congressman took exception to President Joe Biden comparing the United States’ inflation woes to those of other nations around the globe.

“President Biden himself makes the false claim that inflation is worse elsewhere in the world than here. Mr. President, the United States has worse inflation than Germany, France, Japan, Canada, India, Italy, Saudi Arabia – the list goes on,” added Moore. “What is the explanation? The Biden administration blames the pandemic and Putin, but each of those counties also have had to deal with those problems. Why is our inflation worse?”

Moore concluded his remarks by contending that conservative fiscal policies would serve to combat inflation.

“The answer is easy. Quit overheating our economy with government spending. Cut red tape and regulations hampering our industries. Let the American people keep more of their hard-earned money. Conservatives once warned against our country turning into Europe. Unless we change course, Europe will be worried about becoming us,” finished the congressman.

Dylan Smith is a staff writer for Yellowhammer News. You can follow him on Twitter @DylanSmithAL