JCN Responds to President Biden’s Remarks on Supply Chains and Cutting Costs

“President Biden ignores his administration’s own role in the ongoing cost-of-living crisis, including his reckless spending that’s diluted the value of the currency and his opposition to traditional energy that’s raised gas and electricity costs. He tries to hide his responsibility by accusing companies of ‘price gouging,’ when in reality most small businesses operate on slim profit margins and have no other choice but to pass along higher costs to consumers. The broken supply chain won’t be fixed by top-down policies like the Defense Production Act but rather through bottom-up, pro-growth policies like tax cuts, deregulation, and sound money. JCN’s American Small Business Prosperity Plan would reduce costs and fix supply chains by empowering small businesses, not big government.”