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Tuesday, November 26, 2024

May 20, 2021 sees Congressional Record publish “CHARTING ECONOMIC CHANGES DUE TO BIDEN POLICY.....” in the House of Representatives section

Politics 18 edited

was mentioned in CHARTING ECONOMIC CHANGES DUE TO BIDEN POLICY..... on pages H2634-H2635 covering the 1st Session of the 117th Congress published on May 20, 2021 in the Congressional Record.

The publication is reproduced in full below:

CHARTING ECONOMIC CHANGES DUE TO BIDEN POLICY

(Mr. LaMALFA asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. LaMALFA. Mr. Speaker, this chart by the Republican Study Committee shows the difference not just a year makes but what an attitude to governing makes toward making a living and managing families' needs, even enjoying what you have earned and how you see fit to spend it.

Energy independence: Stopping production and oil and gas infrastructure in the U.S. gives higher prices, which are eclipsing $4 now even in my home State of California.

Lumber: Though our California and Western forests burn millions of acres each year, somehow we have a lack of harvest and lumber shortages, thanks to strange environmental thinking prohibiting the forest harvest and management we need to prevent fires and keep the lumberyards full. I know it is not the logger or the log truck driver making the killing here in the quadruple pricing per board-foot.

Home costs: They ride right up there with lumber as well, and all the other inputs, up 20 percent.

Coffee: Up 50 percent. Coffee has to come from somewhere.

Wheat: Up big. Bread and cereal won't be any cheaper. Will the farmer see this windfall? Not likely.

Corn: The same thing. Will the farmer do any better with the much higher cost of corn? No.

Copper: Used in so many of our mechanical and electrical devices, it is going up, making it harder to wire our homes.

The bottom line is: Everything you need is much more expensive, thanks to Biden policy.

____________________

SOURCE: Congressional Record Vol. 167, No. 88

The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.

House Representatives' salaries are historically higher than the median US income.

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