: Ohio Senate hopefuls Tim Ryan and J.D. Vance debate abortion, inflation, Ukraine and other topics

by | Oct 10, 2022 | Stock Market

Republican Senate hopeful J.D. Vance, a venture capitalist and author, faced off against Rep. Tim Ryan, who has represented northeast Ohioans in Congress since 2003, Monday night in their first debate ahead of the midterm elections on Nov. 8. The seat is currently rated as “lean Republican” by the nonpartisan Cook Political Report, though recent polling shows a tight race. Vance holds a statistically insignificant average edge of 1.4 points over Ryan in polls conducted between mid-August and the beginning of October.

The following is a recap of several of the key policy issues discussed during the debate.Inflation Ryan side-stepped blaming President Joe Biden for the persistence of elevated inflation, saying instead, “Well, I think everybody’s to blame.” He went on to highlight his support for a tax cut for working Americans to help curb inflation’s effects. Rex Nutting: The Fed has won a major battle against inflation but doesn’t believe it because the data have a fatal flaw Michael Brush: Inflation is going to fall just as fast as it rose, and that’s investors’ cue to enter the stock market Vance argued that Democratic spending has “thrown fuel on the fire fire of the inflation problem.” “At the same time, they’ve completely gone to war against America’s energy sector, and you can’t do both of those things at the same time,” Vance continued. “They’re each bad ideas, but when you do both of them at the same time you’re going to get record inflation.” See: Biden prescribes patience as U.S. anticipates resumption of GDP growth and retreat of consumer inflation — and with midterms mere weeks awayAbortion Ryan reaffirmed his support for codifying the abortion rights enshrined till this spring in Roe v. Wade, following the Supreme Court’s decision in June to return the issue to states. He called the ruling “the largest governmental overreach in the history of our lifetime, complete violation of personal freedom and liberty of women in this state.” The congressman, a Catholic, also contrasted his view with that of Vance, who p …

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