See below for video and a few highlights from Sen. Mark Warner’s press availability yesterday.
- “I think if you could roll back the tape a little bit and the administration had set a set of expectations that said ok,
how are we going to deal economically with the COVID crisis, how are we going to make sure that we do a…once-in-50-year infrastructure plan, how would we make sure that we repair NATO so that if we see an emerging challenge like Putin’s and Russia’s potential invasion of Ukraine. If those had been the expectations that were set, I think that the president’s approval ratings would probably be 10 or 15 points higher, because those are all, if you look from any historic perspective, a pretty darn good year for a first year of a presidency. But the president had a much more extensive ambitious agenda out there, particularly on what was called the second half of his economic agenda, and a lot of those areas I very much support, making sure we deal with climate change, trying to get more folks back into the workforce…To say we have a thin majority in the Senate is an understatement; when you have a 50-50 Senate, you can’t lose anyone, and we saw the ramifications of that last night on some of the voting rights legislation.”
- “The last time we saw this level of inflation in the late 70s…you were seeing mortgage rates for example at 12%, 13%, they even went up to as high as about 17%. Mortgage rates in this country are still at historic lows, around 3%. So the market is saying this inflation is not going to last…The market itself…doesn’t believe long term this inflation’s going to remain or you would see interest rates on mortgages go up dramatically…The market is still saying this is an underlying strong economy. So the Fed’s biggest tool is raising interest rates.”
- “I want governor Youngkin to be successful, but I just hope and pray that there are not these kind of crazy efforts that would step up in in Virginia to try to restrict people’s right to vote…I hope there is not an effort to promote the Trump big lie about elections in Virginia.”