ICYMI: Governor Glenn Youngkin joined Bloomberg from an international trade mission to Europe to discuss the state of the American economy and the persistent threat from China.
During the interview, Youngkin stressed the need to lower inflation and the cost of living on Virginia families and highlighted the importance of strengthening economic relationships with trusted allies around the world.
Governor @GlennYoungkin calls out Joe Biden’s failed economic policies while explaining the importance of building “trusted” relationships with our allies to counter the threat of China:
“Virginians are struggling. They are living paycheck to paycheck. The grocery store prices… pic.twitter.com/Vh7rXqwgiw
— Team Youngkin – Spirit of Virginia (@TeamYoungkin) May 3, 2024
PERSISTENT INFLATION AND LOW GROWTH: “Virginians are struggling. They are living paycheck to paycheck. The grocery store prices have gone up 25% over the last few years; gas prices are up 50%. The silent thief of inflation is really causing challenges. And so, we need the opposite: we need low inflation and high growth,” said Youngkin.
CHINA THREAT AND STRENGTHENING RELATIONSHIPS WITH ALLIES: “At the heart of this is the recognition that the threat of China around the world is driving particularly European businesses to understand that trusted relationships…are driving people to want to invest in the U.S., grow businesses in the U.S., and deepen the already great relationships that we have.”
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