Posted on 08/06/2022 11:37:08 PM PDT by knighthawk
U.S. Senator Bernie Sanders said Biden's Inflation Reduction Act of 2022 will not bring down rampant inflation and would only have a 'minimal impact.'
After Vice President Kamala Harris broke a tie in the Senate to push the reconciliation bill through the initial hurdle in a 51-50 vote, lawmakers began debating the bill, with Sanders offering a realistic outlook over the measure.
'I want to take a moment to say a few words about the so-called Inflation Reduction Act' that we are debating this evening,' Sanders, of Vermont, said on the Senate floor. 'And I say so-called, by the way, because according to the CBO, and other economic organizations that study this bill, it will, in fact, have a minimal impact on inflation.'
(Excerpt) Read more at dailymail.co.uk ...
It doesn’t look like this bill will do much of anything apart from bringing FedGov closer to its inevitable insolvency. The amount of ink that has been and will be spilled by the ruling elite over this between now and November will tell you just how scared they are of what’s coming.
They should just call it what it is; the government graft bill.
> They should just call it what it is; the government graft bill.
maybe government graft bill no. 666 or thereabouts
Truth will even set you free, SandersIdiot? /s
They should call it Fund the IRS and EV subsidies bill.
It probably wasn’t enough for Sanders.😉
Let’s see how this news affects the markets.
That is because this bill is only meant to push the United States further toward defaulting on its debt and financial chaos. The democrats then use this chaos to take total control and make the United States a communist totalitarian country.
“They that observe lying vanities forsake their own mercy”
Book of Jonah. O.T.
‘The wages for the average American worker are lower today than they were 49 years ago,”
WTF, Bernie? $15+/hr is the norm...you got your wish! Now you are saying things have not improved??? Well, gee no shit.
They pass this crap and we are well and truly screwed for generations. You will never get rid of all the insidious crap in it.
“The wages for the average American worker are lower today than they were 49 years ago,”
I blame a lot of that on the feminist movement. When the feminazis demanded to be included in the workforce instead of being stay-at-home mothers and homemakers, it was a gift to business.
Prior, the wages the providers (husbands and fathers) were paid a wage that could support a family well. When women were brought in to the office, it provided an opportunity for businesses to accomplish the tasks but pay less since two people now were supporting a family.
Now, if a family doesn’t have both parents with jobs they pretty much can’t make ends meet.
(I didn’t come up with this. I’ll always remember Rush saying this back in the ‘90s.)
The bloated, sclerotic mass known as the US federal government will default on its debt either directly or through inflation (paying the debt with devalued dollars).
Ayn Rand called them looters.
So much for “it won’t pass the Senate”.
I bet he still votes for it.
The stones on these people. Crazy spending, strong-arm tax enforcement...to “solve” a problem they created. All while telling us it helps us since it’s the other guy paying. Shows plainly what they think of the average American citizen.
Wait and see...there’ll be a “Fix Jan 6” spending bill by next year.
A government spending bill......to lower inflation
Democrats own it. Big spending, big taxes. Remember in November!
The worst part is the IRS enforcement part. In a few years, they are going to be sending letters to everyone saying they owe. Half will pay because it’s IRS. Some will fight it and win. But they will still have again.
Abortion will be the main driver in November. Hopefully our side has more pro life voters. We’ll need them.
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