Posted on 07/27/2022 8:46:04 PM PDT by Deaf and Discerning
- On Wednesday, Sen. Joe Manchin reached a deal with Senate Majority Leader Chuck Schumer.
- They said The Inflation Reduction Act of 2022 should help ease inflation and fight climate change.
- It breaks a stalemate on President Joe Biden's agenda that lasted for nearly a year.
(Excerpt) Read more at msn.com ...
So, prepare for counter-productive unintended consequences?
Basically…a love letter to China.
“...Read more at msn.com ...”
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No thanks...
Here comes higher taxes to slow inflation.
What we need is a balanced budget and less debt.
I've no answers, maybe someone does but they'll never tell.
man-made “hot spots”:
27 July: WattsUpWithThat: New Surface Stations Report Released – It’s ‘worse than we thought’
by Anthony Watts
MEDIA ADVISORY: 96% OF U.S. CLIMATE DATA IS CORRUPTED
Official NOAA temperature stations produce corrupted data due to purposeful placement in man-made hot spots
Nationwide study follows up widespread corruption and heat biases found at NOAA stations in 2009, and the heat-bias distortion problem is even worse now...
https://wattsupwiththat.com/2022/07/27/new-surface-stations-report-released-its-worse-than-we-though
What “unintended” consequences. The deleterious effects of their ongoing assault on our freedom and quality of life is an integral part of their plan
Now we’re really screwed
I would guess that many will be intended, only not revealed as such.
Our hopes have been dead, now our republic as well. We will learn to live under the boot.
Just saw where Biden has offered up Viktor Bout in exchange for griner and whelan
Trump will spend the first 3 months undoing everything the dems put in place
It's pretty pathetic when stagflation is the goal.
Spend more taxpayers money and raise taxes to fight inflation. Yeah, that’ll work. *shesh*
Understanding the basic concept that inflation is a condition in which too few goods and services of supply are being sought by too many demand dollars, Ronald Reagan did not increase taxes but cut taxes.
To increase taxes as Biden’s new bill does to the tune of $313 billion + $124 billion plus loophole $14 billion = $ 1/2 trillion, will choke supply, only worsening inflation.
The assumption that prescription drug pricing “reform” will generate $288 billion is fanciful in the extreme and will probably result in only more government spending and generating unforeseen consequences such as big Pharma cutting production, expensive research or moving offshore. Certainly big Pharma’s lobbying efforts to find loopholes will be greatly accelerated and undoubtedly with some success.
Even assuming $300 billion in deficit reduction as advertised, that will not reduce inflation unless that money is taken out of circulation. Does anybody in his right mind think that Gubment, possessed of a windfall of $300 billion will reduce the deficit with it rather than find more special interests to please or constituents to pander to?
This new Green-Wheenie bill would outlaw trucks and SUVs by 2030.
$5 gas would be a steal compared to the crap in this bill.
Get ready to be forced to drive one of the new elec exploding golf carts or ride pubic transportation everywhere you go.
He will KILL all Judges in Committee until
2024 if they ram this Thru .
But he wont .
Mitchy got his Greedy CCP Owned Fingers i.ln this
Evil Bill .
Who else is sick...and will be wheeled in?
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