“Under President Biden these Main Street businesses are struggling with higher prices, a worker shortage, and consumers whose paychecks are shrinking each month due to record-high inflation.”
WASHINGTON, D.C. (Texas Insider Report) — The Republican Leader of the powerful House Ways & Means Committee in Washington, D.C., Congressman Kevin Brady (R-Houston,) issued the following after the release of the May Jobs Report from the Bureau of Labor Statistics:
“In addition to a shrinking economy, slowing job growth and crushing inflation, America’s small businesses have lost jobs three out of the last four months. This is a big red flag that often signals a recession is around the corner.
“Under President Biden these Main Street businesses are struggling with higher prices, a worker shortages, and consumers whose paychecks are shrinking each month due to record-high inflation.”
READ MORE of Cong. Brady's comments HERE regarding the dire U.S. Economic Outlook.