Posted on 03/14/2022 1:21:19 PM PDT by Libloather
House Speaker Nancy Pelosi, D-Calif., argued Friday that global inflation "starts with [Russian President Vladimir] Putin," but that increased U.S. government spending on domestic social programs would help decrease the national debt and bring down inflation at home.
During the 2022 House Democratic Issues Conference, Pelosi referred to record gas prices in the U.S. as "Putin’s tax" and "Putin’s gas hike." She said passing components of President Biden’s multi-trillion-dollar social policy bill, called the Build Back Better Act, which is all but dead due to moderates' opposition, would make new investments in education and workforce development in a way that would eventually bring prices down.
**SNIP**
"One other point that we'll make about it is that what we are doing in our legislation, what we would do in the Build Back Better - seventeen Nobel laureates in economics said that legislation does not increase inflation. It is non-inflationary because of the way it is written," Pelosi said.
"So when we're having this discussion, it's important to dispel some of those who say, well it's the government spending - no, it isn't," she continued. "The government spending is doing the exact reverse, reducing the national debt. It is not inflationary."
"We’re paying very close attention to it, but this starts with Putin because the global inflation for reasons beyond the gas price," she continued. "Global inflation is something that we have to deal with globally, but we have our responsibility to deal with it at home, and we have legislation that does just that, by increasing supply and, again, creating jobs in a way that is not adding to inflation."
(Excerpt) Read more at foxnews.com ...
😄 Tell another one, Nancy.
My God is she really that stupid!
My guess is quite a few of the dim wit voters believe her.
Just wasted 3 minutes of my life.
It is my understanding that we elect people to do something about problems by coming up with a way to fix them. So now that you’ve told me the problem and who did it, tell me the way to fix it. If you can’t, then get out of the way and let someone else fix it. You’re not doing your job. And letting people suffer because your fix takes too long and people suffer, then do it faster or bail out faster because that isn’t sufficient.
Jesus: “Whoever is not with Me is against Me, and whoever does not gather with Me scatters” (Matthew 12:30)
wy69
And her face isn’t wrinkled like a Chinese dog.
"Bidenomics" is that dreams of a progressive utopia make everything taught in high school and first year college economics is wrong.
They. Think. We. Are. Idiots.
It’s absolutely hilarious that this old bat, who’s way, way beyond her “best if used by” date, thinks the average American citizen will believe her twadle
Someone should cut her off by 2pm. Last call!
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