Today, President Biden held a meeting with his Supply Chain Disruptions Task Force and private sector CEOs.
“The supply chain crisis is due to President Biden’s war on small business, including his reckless spending that’s fueling historic inflation and his numerous social welfare programs such as a de facto universal basic income that is reducing labor force participation. Rather than face this reality, Biden promotes malarkey that the Build Back Broke legislation would cure what ails the economy. This $5 trillion spending bill would make what’s bad worse. It would turbocharge inflation, raise taxes on successful small business owners to some of the highest levels in the developed world, expand distortionary government programs keeping people on the labor market sidelines, and add $3 trillion to the deficit. Empowering small businesses, not tax-and-spend Democrats, is the solution to the supply-chain crisis and the key to bringing the economy back.”