On the heels of Friday's unsettling jobs report from the Labor Department, we can now judge the performance…
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Image of the Day: Biden, Pelosi and Schumer Faceplanted On Jobs in 2021

On the heels of Friday's unsettling jobs report from the Labor Department, we can now judge the performance and promises of Joe Biden and the Pelosi/Schumer Congress against actual reality.  They promised 10.3 million jobs would be created in 2021 if their massive spending and regulation blowout passed, versus 6.3 million jobs if their agenda wasn't passed.  So how did it turn out?  Their agenda was passed, but only 6.1 million jobs were created as the U.S. economy slowed and struggled to recover from the Covid dip, as AEI's Matt Weidinger highlights.  They apparently made things worse, not better, illustrating the sardonic adage, "Don't just do something - stand there."

 

[caption id="" align="alignleft" width="905"] BIden Jobs Performance: Worse Than Doing Nothing[/caption]…[more]

January 10, 2022 • 10:13 AM

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CFIF Reiterates Opposition to H.R. 3, Nancy Pelosi’s Socialized Medicine Bill Print
By CFIF Staff
Thursday, April 22 2021

 ALEXANDRIA, VA – Today, Democrats in the House of Representatives doubled down on Speaker Pelosi’s plan to impose a socialized drug pricing system that would import foreign price controls, stifle innovation and limit patient access by reintroducing H.R. 3, the deceptively-titled “Lower Drug Costs Now Act.”  What follows is a statement by CFIF President Jeffrey Mazzella: 

"CFIF unambiguously reiterates its opposition to this catastrophic legislation, which amounts to the worst and most far-reaching attempt yet to impose government control over Americans’ healthcare access.  

“As CFIF has been warning for years, H.R. 3 includes such mechanisms as foreign price controls, compulsory arbitration with government bureaucrats, a complete restructuring of the popular Medicare Part D program and what amounts to a retroactive 95% tax on many of the most commonly used medicines in America.  

“As CFIF has long highlighted, America enjoys – by far – the most innovative pharmaceutical industry in the world, accounting for two-thirds of all new life-saving and life-improving drugs globally.  But importing price controls from foreign nations – which ignore drug patents to extort compliance – would result in American consumers suffering the same drawbacks that consumers in those nations do. Namely, limited or no access to critical life-saving and life-improving drugs.  

“As even the United Nations World Health Organization (WHO) acknowledges, price controls suffocate innovation and delay the arrival of new drugs, or deny them entirely.  It’s therefore no accident that nations imposing price controls enjoy only a fraction of the new pharmaceuticals that Americans access, and that the United States outpaces those countries in terms of cancer survival rates and other benefits.  This bill also jeopardizes tens of billions of dollars spent annually on research and development by the pharmaceutical industry.  

“All of this is far too high a price for Americans to pay for Nancy Pelosi’s socialized medicine pet project.”  

CFIF is a constitutional and free market advocacy organization with over 300,000 supporters and activists nationwide.  

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"The Biden administration is endangering U.S. athletes who plan to travel to China for the 2022 Beijing Olympics amid a new warning from the Chinese Communist Party that it will punish foreigners for making political statements, former United Nations ambassador Nikki Haley told the Washington Free Beacon on Wednesday."'No one should be the least bit surprised that China is threatening our athletes…[more]
 
 
—Adam Kredo, Washington Free Beacon
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