Labor Shortage and Consumer Confidence Due to Biden’s Agenda Lead Economy to Stagflation

Alfredo Ortiz, president and CEO of the Job Creators Network, released the following statement on new releases today showing negative news on the labor shortage and consumer confidence:

“The worst labor shortage in American history shows no signs of slowing down, with an incredible 10.4 million unfilled jobs nationwide. As a result, small businesses can’t find the employees they need and are forced to operate below capacity, hurting their ability to succeed. President Biden’s employer vaccine mandate, which the Job Creators Network is challenging in court, would only worsen this harmful labor shortage. No wonder consumer confidence continues to plummet, reaching its lowest level since November 2011. Skyrocketing inflation, record government spending, proposed middle-class tax increases, and supply-chain chaos due to the Biden Administration and Congressional Democrats are devastating ordinary consumers. These policies are reversing the vaccine-induced economic recovery and leading the country into stagflation.”