Posted on 09/13/2022 1:52:38 PM PDT by BradtotheBone
President Joe Biden celebrated the passage of the “Inflation Reduction Act” by hosting an event at the White House Tuesday, the same day the Bureau of Labor Statistics released a report showing inflation had continued to rise in August, causing markets to plummet.
“This bill cut costs for families. Helped reduce inflation at the kitchen table, because that’s what [people] look at — how much of their monthly bills they have to pay out for their necessities,” Biden said in a speech delivered outside the White House, thanking West Virginia Senator Joe Manchin for voting for the bill.
“This bill alone is going to lower the deficit by $300 billion over the next decades” by lowering the cost of prescription drugs subsidized by the government, he added, saying the “American people won.”
Biden also vowed to “ban assault weapons,” saying that “he’s not stopping” with the “Inflation Reduction Act.”
The Bureau of Labor Statistics report, released Tuesday, showed that the Consumer Price Index (CPI), a key measure of inflation, increased by 8.3 percent in August when compared to the same month last year and increased 0.1 percent from July.
Many economists had predicted inflation would decline slightly in August. Markets nosedived on the news, with the Dow falling 1,250 points — the most since June of 2020.
(Excerpt) Read more at yahoo.com ...
Maybe if he was willing to admit, that their may have been chicanery going on in November when he was elected. But he actually has believed his own lies, that he won.
Is America about ready to “charge the mound”?
President Retard completely void of any reality as usual
I don’t think we can take more winning…
“win stupid prizes”
To all those who wanted a RAT to change his spots (or stripes)(or whatever RATs have)
No kidding. So passing a spending bill reduces my families grocery bill HOW now? Does Joe even know how? I think progressives actually believe passing a bill suddenly like magic solves real problems.
At his very best, around 40 years ago, Biden was an imbecile. The dementia has not helped.
I thought for sure this was a headline for a Babylon Bee article.
This just one day after his phony vice-president told us seriously that “the border is secure.”
He can spew any amount of verbal diarrhea and the media will lap it up like it’s ice cream.
will lower the deficit by $300 billion over the next decades
like that is something to sign about? 300 billion is peanuts.
How does printing money reduce inflation?
It’s Bizarro World, with Teppup Kcos* in charge.
.
*Sock Puppet spelled backwards
In reality, democrat minion voters happily swallow babblin' biden's
projectile spewing diarrheic propaganda.
Poopy Pants gets it wrong again.
On the same train of thought, democrats also want to congratulate those that made closing of the borders a reality. Hardly anybody got through any of the borders. Anything that anybody saw with people sneaking into the country, was just FOX having their employees going to the Mexican aide of the border and then making their way back into Texas and Arizona.
Actually, I think you can. And, it was made up.
Consider the possibility that the same folks who are scripting the DOW falling 1200 points, and scripting the inflation situation, are the same folks that put bidAn out there to tout the IRA. Even its acronym, scripted.
IMHO.
What's the progression beyond his current demented, deranged doofus-dolt state?
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