The Moore You Know October 1st - October 14th, 2022
Days ago, President Biden said “I don’t think there will be a recession." But according to the government’s own numbers, we are already there. Consumer Price Index numbers released hours after Biden’s comments rose yet again from the previous month and show Americans are now paying 8.2% more for consumer goods and services than this time last year. Remarkably, consumer price increases have been at or above 5% for 17 straight months. With real average hourly earnings falling 3% since last year, September was the eighteenth month in a row in which inflation has outpaced wages. And core inflation was up 6.6% in September from a year ago, the biggest 12-month gain since August 1982.
Facts are facts, and no spin can hide the fact that historic inflation has driven our economy into a recession. The disingenuously named Inflation Reduction Act Democrats passed months ago is only making things worse. What will it take for Washington to get serious about reigning in wasteful spending and getting our economic house in order?
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In early October, OPEC+ announced its largest supply cut since 2020, a decision sure to drive the energy prices currently hammering Americans even higher. It was later reported that the Biden administration had previously asked the Saudis – the organization’s de facto leader – to delay the decision until after the midterm elections. Obviously, the Saudis had no intention of helping Biden’s party in the midterms, but this foreign policy blunder drives home the fact that we should be utilizing our abundant energy resources at home.
Biden’s energy policy can best be summarized in four steps: kill the Keystone XL Pipeline, give Russa the greenlight to build the Nord Stream 2 Pipeline, beg OPEC to increase production, and
buy our solar panels from China. The historic high prices we are seeing this year make clear his policies have failed.
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Federal agents recently admitted that they have more than enough evidence to charge Hunter Biden with a crime. The media wanted you to believe this was Russian disinformation, but American banks have filed over 150 suspicious activity reports involving Hunter and James Biden. A thorough investigation into Hunter Biden’s shady business dealings is long overdue, as well as the media and social media companies silencing the Hunter Biden story in the weeks leading to the 2020 election. This issue has important national security implications, and a GOP majority next year must make it a priority to investigate.
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If you are having an issue with Social Security benefits, veterans’ services, passports, or any other federal matter, staff in one of my district offices in Wetumpka, Dothan, or Andalusia can help. Call 334-478-6330 or visit barrymoore.house.gov if we can be of assistance. My staff has resolved over 1,900 cases since I took office, and I’d love to help you too.
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