Mitt Romney tells Biden to ditch his ‘woke advisers’ to focus on the economy and soaring inflation
Senator Mitt Romney blasted President Biden for doing ‘just about everything wrong’ on the economy and said the president needed to ditch his ‘woke advisers’ in order to fix the economy.
“President Biden needs to ditch his woke advisers and surround himself with people who want to kickstart the economy,” Romney, 75, said.
The Utah Republican wrote in an op-ed for The Wall Street Journal that today’s runaway inflation of 8.5% could be blamed on a “perfect storm” from the Covid-19 pandemic that is blurring the picture. supply chain, the Federal Reserve keeping interest rates near zero and buying trillions of stocks and bonds for too long and Biden’s “wake-up” policies.
“The Biden administration has done just about everything wrong, pumping $1.9 trillion into a limited-supply economy, sending stay-at-home checks, letting renters go rent-free, slashing production of oil and gas, unleashing an avalanche of growth-killing regulations, lining up behind unions and pushing yet another deficit-funded budget,” he said.
Romney said Biden should permanently suspend his Build Back Better plan and “stop naming doves at the Fed.”
Senator Mitt Romney has denounced President Biden for doing ‘just about everything wrong’ on the economy and said the president must abandon his ‘woke advisers’ in order to fix the economy
“The central bank needs seasoned economists,” said the moderate senator. “It’s high time for the Fed to reestablish its focus on monetary stability and leave social policy to the popularly elected branches of government.”
Romney said the Biden administration must take immediate action to reduce regulations for industries producing rare-earth metals and minerals like those used in batteries and integrated circuits.
“The administration can open up federal lands and put mining and processing facilities on a fast track to getting permits. Today, it can take 10 years to get permits to open a mine,” he said.
The senator also said the administration must do more to increase domestic oil and gas production. “Stop talking about oil companies having more than enough leases for drilling – they can’t drill if they can’t get permits from the government. »
When pressed to do more to boost energy production, the Biden administration has repeatedly blamed the oil and gas industry, which it says is sitting on 9,000 unused drilling leases.
Romney, R-Utah, wrote in a Wall Street Journal op-ed that today’s runaway inflation of 8.5% could be blamed on a “perfect storm” from the Covid-19 pandemic that is scrambling the chain supply, the Federal Reserve keeping interest rates near zero and buying trillions of stocks and bonds for too long and Biden’s “wake-up” policies
Romney says President Biden must fire his ‘woke advisers’ to fix the economy
Romney also proposed “bipartisan, bicameral commissions” to save federal insolvency compensation programs. “A combination of changes in revenue, benefits, cost management and financial arbitrage will be needed to restore their solvency.”
“Safety net programs should only be available to those who really need them,” the Republican wrote.
Romney has pushed his own child tax credit program that would integrate child tax credits into the Social Security Administration program and pay monthly benefits of up to $350 a month to families with single earners up to to $200,000 and couples earning up to $400,000. The program would also have work requirements. So far, he hasn’t caught the attention of Republicans in Congress enough to go anywhere.
Romney joined other Republicans in sounding the alarm over the “flood of illegal immigration” likely to increase when the headline ends next month, while calling on Biden to speed up legal migration to ease the pressures. labor shortages.
“New Americans who can immediately join the workforce should be prioritized over those who need services that require additional government spending,” he said.
“Without more immigration visas for agriculture, hospitality and other labor-intensive sectors, crops will not be harvested and goods and services will be unnecessarily reduced. National visa quotas could stem from requests from states, which know their own local labor market better than the federal government.
Earlier this month, Romney joined a group of Republicans who have vowed to vote against providing further Covid-19 aid if Democrats do not allow a vote on an amendment to keep the title in place. 42, the Center for Disease Control and Prevention’s public health rule that authorizes border agents to quickly deport migrants due to Covid-19.
“No amendments, no bills,” Romney told reporters.
Democrats need 10 Republican votes to move forward with their $10 billion funding package, which contains money to fight the pandemic domestically but not overseas like they had hoped.
But Romney has come under fire from some members of his own party for joining Democrats and GOP Sens. Lisa Murkowski and Susan Collins voting to confirm Justice Ketanji Brown Jackson to the Supreme Court.
Rep. Marjorie Taylor Greene called the three moderate senators “pro-pedophiles” while Romney said some members of his team didn’t show proper “respect” for Jackson because they appeared to be vying for TV hits.
“I thought that some were preparing their presidential campaign. And were, if you will, doing the things you have to do to get on TV, and I think that’s unfortunate,’ he said.