March 22, 2022
Testimony on Opportunity and Challenges for the Rural Care Economy
In testimony before the Senate Committee on Agriculture, Nutrition, and Forestry, AAF President Douglas Holtz-Eakin discusses the rural care economy and the economic outlook for rural communities.
His main points:
- No specific policies for the rural care economy can offset the negative impact of a poor macroeconomic environment;
- Due to prior policy errors, the United States is facing inflation levels previously unseen in a generation; and
- Overall macro policy should not further exacerbate inflation and specific policies should be consistent with strong market incentives; the Build Back Better agenda falls short on both metrics.