Food, Consumer Goods & Housing Costs Dominate Pre-Election Economic Debate | EWTN News Nightly
- Preacher
- Mother Angelica
- Tradition
- Roman Catholic
- Published
- Length
- 3:08
About this sermon
With a little more than a month until the election, the economy remains a top issue. Experts say people continue to worry about the price of food, consumer goods and housing. Democrats argue the economy is the best in history while Republican's say otherwise pointing at President Biden's excessive spending. Senator Bill Cassidy says, "Prices have risen faster than wages. There's a gap that's still there. Some say in Louisiana it might be 20 percent. But I can tell you people are feeling it." So who is to blame? Democrats claim they're fixing the economy from the Trump administration. Representative Pete Aguilar says, "We have strengthened the economy in the face of constant Republican attacks and obstruction that would hurt workers and make life harder for everyday Americans." According to government data, supply-chain disruptions are causing food and energy prices to go up and the war in Ukraine "contributed substantially" to the sharp rise in inflation during and following the COVID pandemic. Now, day 3 in the port worker strike, economists say Americans will start seeing prices climb in a few days on all goods. Democrats also blame big corporations. Republicans say that argument is nonsense. Capitol Hill Correspondent, Erik Rosales reports. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf
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