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AP: Inflation Reduction Act may have little impact on inflation
The Associated Press ^ | August 12, 2022 | By CHRISTOPHER RUGABER and JOSH BOAK

Posted on 08/13/2022 5:28:00 AM PDT by Oldeconomybuyer

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1 posted on 08/13/2022 5:28:00 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Battered spouse syndrome.


2 posted on 08/13/2022 5:33:37 AM PDT by Raycpa
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To: Oldeconomybuyer

Even Bernie Sanders said it won’t do much for inflation.
But it is great for sending money to your friends and associates.


3 posted on 08/13/2022 5:35:43 AM PDT by Doctor Congo
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To: Oldeconomybuyer

Even bottom of the IQ barrel AP morons occasionally listen to Captain Obvious.


4 posted on 08/13/2022 5:36:03 AM PDT by Da Coyote
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To: Oldeconomybuyer

This administration doesn’t seem to be in any hurry to do anything about the nation’s problems; except to add to them. Any administration that makes as many bad(not poor, but BAD) decisions as this one has can only be doing it purposely. They have not lived up to their oath of office & according to what I read, this is good & sufficient cause for removal from that office. So when can we expect some action & I don’t see how this would apply to a man who is no longer in office.


5 posted on 08/13/2022 5:37:08 AM PDT by oldtech
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To: Oldeconomybuyer

This administration doesn’t seem to be in any hurry to do anything about the nation’s problems; except to add to them. Any administration that makes as many bad(not poor, but BAD) decisions as this one has can only be doing it purposely. They have not lived up to their oath of office & according to what I read, this is good & sufficient cause for removal from that office. So when can we expect some action & I don’t see how this would apply to a man who is no longer in office.


6 posted on 08/13/2022 5:37:52 AM PDT by oldtech
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To: Oldeconomybuyer

The 87k IRS agent recruitment is nothing more than a Nat’l Police Force. The American people have been had. Thanks Dems.


7 posted on 08/13/2022 5:41:20 AM PDT by chopperk
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To: oldtech

The administration is totally beholden to radical leftwing zealots who are intent on destroying all that is America. Before the new dawn, there must be destruction and disposal of the old tradition and values.

That process is underway at maximum speed. So long as there are leftist people acting the process will continue unabated.


8 posted on 08/13/2022 5:43:08 AM PDT by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day)
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To: Oldeconomybuyer

Inflation Reduction Act may have little impact on inflation


Well, duh.

Funny how, after energetically cheerleading for this bill for months, the MSM is trying to put a fig leaf over the lie to somehow salvage their rapidly-shrinking credibility.

It won’t stop “climate change” either. The climate is always changing. And it always gets hot in the summer.


9 posted on 08/13/2022 5:44:26 AM PDT by rbg81
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To: Doctor Congo

On the contrary - the “Inflation (IN)duction Act” will have a most notable effect upon inflation, the rate of inflation will RISE, perhaps pretty sharply. This last month’s figures are purposely fudged, largely through the effect of releasing a million barrels a day from the Strategic Petroleum Reserve, a very short-term application of a Band-Aid to a growing cancer.

Shortly after Election day, the SPR will be pumped virtually dry. Then the REAL market prices will kick in.


10 posted on 08/13/2022 5:45:19 AM PDT by alloysteel (There are folks running the government who shouldn't be allowed to play with matches - Will Rogers)
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To: Da Coyote

Even bottom of the IQ barrel AP morons occasionally listen to Captain Obvious.


See my previous post. They knew all along that this bill would no nothing positive for inflation. If anything, moar spending will ADD to inflation. They don’t actually want to solve the problem. Rather, they just want to create a permanent “crisis” atmosphere in order to accelerate their agenda. It’s a very old playbook.


11 posted on 08/13/2022 5:47:00 AM PDT by rbg81
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To: alloysteel

ADAM SCHIFF


12 posted on 08/13/2022 5:47:59 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: Oldeconomybuyer

Oh it’ll do plenty to DRIVE inflation.


13 posted on 08/13/2022 5:52:43 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: Oldeconomybuyer

Wait til the high costs of farming hits the consumer later this year.
Andersons ethanol GreenvilleOH is paying $7/BU for corn.


14 posted on 08/13/2022 5:53:25 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: Lazamataz

Adam Schiff wants to control you, ergo, 87000 armed IRS agents will do the job. You will do what you are told with or without a gun to your head. Thanks Dems.


15 posted on 08/13/2022 5:54:24 AM PDT by chopperk
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To: chopperk

The 87k IRS agent recruitment is nothing more than a Nat’l Police Force.


Gee, just like Obama promised when he came into office in 2009, hmm. People forget.


16 posted on 08/13/2022 5:55:16 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: chopperk

ADAM SCHIFF


17 posted on 08/13/2022 5:55:18 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: Oldeconomybuyer

Bkmk


18 posted on 08/13/2022 5:58:24 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: Oldeconomybuyer

May?


19 posted on 08/13/2022 5:59:25 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to says it.)
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To: Oldeconomybuyer

Inflation is caused by the expansion of the money supply. That was slowed down months ago. Equilibrium will be reached soon so it will end on its own. The RATs know this so they named this IRS thug tax and spend bill the Inflation Reduction Act to take credit for something it had nothing to do with.


20 posted on 08/13/2022 6:15:21 AM PDT by Nateman (If Mohammad was not the Anti Christ he definitely comes in as a strong second..)
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