Skip to comments.Warren: Inflation Act Doesn’t Lower Utility Costs for Years, But That’s Where ‘Everybody’ ‘Would Like to See Those Prices Come Down’
Posted on 09/14/2022 3:34:29 PM PDT by ChicagoConservative27
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Elizabeth Warren (D-MA) stated that the Inflation Reduction Act is “partly about bringing down utility costs, and it’s partly about bringing down healthcare costs.” But admitted it only does so in the long run and stated that “long-term is where, I think, everybody in America would like to see those prices come down.”
Host Andrea Mitchell said, “[T]he Inflation Reduction Act, so named, doesn’t really reduce inflation. It brings the deficit down, less than one might have hoped because of Manchin and Sinema taking things out on the tax piece of it.” Warren responded, “It absolutely brings the deficit down. And remember, if you think that the problem that causes inflation is too much money floating around in the economy, then it absolutely attacks that directly. But what it does that I think we have to remember about inflation is it attacks costs directly where families live. So, the Inflation Reduction Act is partly about bringing down utility costs, and it’s partly about bringing down healthcare costs.”
(Excerpt) Read more at breitbart.com ...
The Democrat Party has found that its voters do not remember much of anything after about six months. Their voters hear promises today about the future and believe them, but forget later that they voted for the promises which went unfulfilled.
It’s depressing. It’s been going on for a long time now and the problem just seem to keep getting worse.
In the LONG TERM you're dead!
Andrea Mitchell is still alive?
Anybody know what the heck Angry Buffalo Wings is talking about. She speaks with For-Ked tongue and I can’t understand a word she’s saying.
Psychojewea been eating those loco-weed brownies.
I was listening to a podcast where they inventory how much minerals would be required to supply Power for the grid to replace hydrocarbons, it was literal mountain ranges of material.
Now I know why democrats closed all the insane asylums.
I don’t think she is that stupid.
Everyone knows prices go up when there is a scarcity. Everyone knows that a given item can be produced in quantities so great that the price drops dramatically, maybe even to the point that one must give them away to get rid of them.
She is evil, not stupid. She is an insider on the destruction of our economy and the destruction of our way of life.
The government is about to purchase huge quantities of oil to rebuild the strategic reserve. That will keep hundreds of millions of barrels of oil off the market, thus insuring that consumers will continue to pay high prices for all things derived from petroleum.
It’s the old “it will pay for itself in the out years” budget gambit.
My electric bill for 2 months on Long Island was 1000 dollars. I am beyond words. If I say anymore , I’ll have the Feds at my doorstep.
Actually, Liz, I think most real people would prefer to see prices drop immediately. Hard for you to understand, but true.
As for the idiots who voted for you, I think they need to hear you repeat your signature line, "I am not a person of color." Just keep repeating it. You're a fraud, and your supporters need to know.
She’s only 75, most leftys with Platinum health seem to hit 90 or better.
and there is your taxes for DC
I know...I want to be face to face with Lizzie and tell her, “yeah, we the people want to see energy costs come down a few years from now. We don’t need the cost to lower now because we are all doing so fine! Shoot, we all can wait for as long as you want to delay our utility costs...BITC*! Get a clue!
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