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WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.) today joined Fox Business Network’s Varney and Co. to discuss the middle-class squeeze that has resulted from the failed policies and priorities of the Biden administration. Recently, Senator Capito penned an op-ed for Ogden Newspapers on the topic, expanding on the impacts of President Biden’s inflation economy price hikes.
HIGHLIGHTS:
ON RISING COSTS FOR EVERYDAY GOODS: “I think the administration is in denial. You just have to go to the grocery store a few times and see how people are feeling about grocery prices that are up over 13%. Go to the gas station and watch that ability to fill your tank… That’s what the American people are feeling every single day. They’re opening up their bill for the heat for the month. It's up 10, 20%. And you know, it just ticks away, and it becomes the middle-class squeeze, which is what we see reflected in these polls of folks that are dissatisfied with the direction that the country is going in and lack the confidence that they need to make those expenditures.”
ON WHAT WEST VIRGINIANS ARE SAYING: “Well, they're telling me that they’re feeling it and they're constraining buying. They're constraining their activities. And if you look, they're making choices between, you know, purchasing medicines and purchasing foods. They're taking on an extra job. They're staying up late at night worried about how they're going to meet these obligations. I mean, this is a real strain on many, many families and I feel like listening to the president's speech and listening to the vice president, that they want to slough it off on a pandemic. And certainly that was a devastating event, but we're living in the here and now, and I don't think that's where they are.”
ON THE ADMINISTRATION’S DISCONNECT AND DENIAL: “They’re tired of the spending—the regular constituents I speak to every day—and they’re tired of the denial. You can’t convince people that things are really great when they look at the bottom line at the end of the month when they see that they’re in the red or barely making it. And that’s what happening right now.”
ON WHAT NEEDS TO HAPPEN: “We need to unleash our American energy. We need to secure our border so that we don't have to worry about those issues as a lot of people are worried about, and we need to make sure that we have supply chains moving. I mean, the price of eggs is way up, the price of butter, you know, just staples. And I think that's where people are really, really hurting. Even the price of food—if you go out to eat—has gone up between 8 to 10%. So at every turn, there's no relief.”
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