From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains.

It's time for boldness, for there's so much to do.

And this is certain.

I promise you, we will be judged, you and I, by how we resolve these cascading crises of our era.

We will rise to the occasion is the question.

Will we master this rare and difficult hour?

Will we meet our obligations and pass along a new and better world to our children,

I believe we must, I'm sure you do as well.

I believe we will.

And when we do, we'll write the next great chapter in the history of the United States of America,

the American story.

That was President Joe Biden in 2021 at his inauguration ceremony on Capitol Hill.

Biden talks about being judged for how we will resolve the cascading crises of our era.

Well, if we compare where we are now to where we were back then, things look a lot different.

The average American family is losing $6,000 in annual income,

thanks to Biden and the Democrats' inflationary policies.

Just look at your 401k and compare it to just January of this year.

Devastating.

Also, the term recession is in the mix and consumer and small business confidence is at all-time lows.

Don't forget all those ships waiting offshore, supply chain issues, empty shelves, etc.

Then this.

We have a secure border in that that is a priority for any nation, including ours in our

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