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Sen. Coons: 'We May Not See Huge Impacts on Inflation in the First or Second Year'
CNS News ^ | August 8, 2022 | By Susan Jones

Posted on 08/08/2022 6:55:55 AM PDT by Oldeconomybuyer

(CNSNews.com) - Senate Democrats passed their so-called Inflation Adjustment Act on Sunday, but as one of those Democrats said, "we may not see huge impacts on inflation in the first or second year."

Sen. Chris Coons (D-Del.) told ABC's "This Week" that "this important, even landmark piece of legislation...will reduce prescription drug prices, reduce healthcare costs, reduce the deficit and make a big down payment on combatting climate change.

According to Republican Sen. Marco Rubio, "There isn’t a single thing in this bill that helps working people lower the prices of groceries, or the price of gasoline, or the price of housing, or the price of clothing. There isn’t a single thing in this bill that’s going to keep criminals in jail. There isn’t a single thing in this bill that’s going to secure our border. Those happen to be things that working people in this country care about.”

Not a single Republican voted for the Democrat bill, which Democrats pushed through using a process that requires only a simple majority vote.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: inflation; senate; spending; taxes
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To: Leep

When Republicans do turn the economy around, the left will falsely claim that it was their policies that did so, not the republican policies. The left Wil. Always take credit for what the right does because the left are incapable fo sou d governance, and they can’t do anything but steal the credit that belongs to others


41 posted on 08/08/2022 7:52:51 AM PDT by Bob434 (question)
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To: Oldeconomybuyer

IF BS were gold, Coons would never need another campaign donation.


42 posted on 08/08/2022 8:01:20 AM PDT by ridesthemiles
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To: existentially_kuffer

THEY DO KNOW-—They just do NOT GAS.


43 posted on 08/08/2022 8:03:34 AM PDT by ridesthemiles
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To: Oldeconomybuyer

Is Sen. Coons supposed to be an expert? I’m thinking just the opposite especially when comparing his statement compared to the real professionals.


44 posted on 08/08/2022 8:03:35 AM PDT by elpadre (W )
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To: Oldeconomybuyer

Meaning never.

L


45 posted on 08/08/2022 8:04:07 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Bob434

But all of this is still enabled by the voters for continuing to believe the BS.

I get the Left and their chosen reps

After what I’ve seen happening in Georgia over the last two years, I’m done voting for: the devil I know …. A lousy Republican is better than any Democrat ….

They’re not getting my votes anymore. I’m just one persons and that doesn’t mean much, but the status quo has continued to f*ck me and everyone else too many times.


46 posted on 08/08/2022 8:08:00 AM PDT by qaz123
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To: Bob434
The left are sly! They pass this get rich quick scheme which will line the pockets of their pals and do NOTHING to reduce debt-

You're right. White liberal 'elites' will be rolling in cash - and there will be some small items to help black democrats. That's about it ... maybe 1% of the money will go to benefit all Americans and that's the ONLY part the corrupt butt boys in the press will cover.

47 posted on 08/08/2022 8:23:56 AM PDT by GOPJ (Every large city run by democrats is a hellhhole.. Don't let democrats 'hellhole' the country. VOTE.)
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To: Governor Dinwiddie
They destroy the nation over a fairy tale called "climate change". No such thing. Notice that we are well into hurricane season yet nada, nothing, zip.

There appears to be either no "Bermuda High" or a very weak one this year which may explain no hurricane activity.

48 posted on 08/08/2022 8:25:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Oldeconomybuyer

Coons is so damn stupid......politically and morally! Dumbarse stood right there when the lech closed in on his daughter as she was trying to move away from the pervert whilst he and his wife were in the background smiling as if they had good sense!!!


49 posted on 08/08/2022 8:27:22 AM PDT by Dawgreg
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To: central_va

Up until recently, the sand blowing off the Sahara has inhibited cyclone development.


50 posted on 08/08/2022 8:31:57 AM PDT by Bratch
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To: Oldeconomybuyer

Many American citizens cant wait until the 2nd year or even later in this 1st ...


51 posted on 08/08/2022 8:37:54 AM PDT by Tennessee Nana
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To: dforest
They know fully well this is destructive to our country and its people - but they get to distribute the money and why they are really celebrating. Shulmer can hardly contain himself he's so happy. So what's really coming is how they're all going to be lining their pockets from it all.
52 posted on 08/08/2022 8:39:51 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Oldeconomybuyer

According to Republican Sen. Marco Rubio, “There isn’t a single thing in this bill that helps working people lower the prices of groceries, or the price of gasoline, or the price of housing, or the price of clothing. There isn’t a single thing in this bill that’s going to keep criminals in jail. There isn’t a single thing in this bill that’s going to secure our border. Those happen to be things that working people in this country care about.”
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

And he will still vote for amnesty and a permanent Democrat majority.


53 posted on 08/08/2022 9:13:22 AM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: caww

The Dems just increased inflation by another 10%


54 posted on 08/08/2022 9:14:46 AM PDT by Rodm
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To: Sans-Culotte

Rubio is a fraud.

He fought against Trump securing the border.


55 posted on 08/08/2022 9:18:58 AM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: Oldeconomybuyer

...but if you vote us back in 2024, we’ll give you an update on how long it will take, right up to 2028, when we hope you again...


56 posted on 08/08/2022 9:55:43 AM PDT by DPMD ( )
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To: Oldeconomybuyer

“we may not see huge impacts on inflation in the first or second year.”

then he should have said “Hopefully, by then we can get someone with common sense back in the Whitehouse, like Trump, and we the democrats can claim victory for fixing it with this bill”.


57 posted on 08/08/2022 10:26:15 AM PDT by Pete Dovgan
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To: Oldeconomybuyer
"But look, George, we've seen gas prices come down week after week after week for the last five weeks in a row. Gas in Delaware is now below"$4.

If gas was selling for $2.50/gallon, but plugs biden inflated it to $6.00/gallon, a price decrease to below $4.00/gallon is something coons wants you to believe is a major accomplishment.


58 posted on 08/08/2022 10:48:33 AM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: Oldeconomybuyer

This is true, but so is stating that say the sun rises in the east. It always takes years to stop inflation. But the only correlation between this another $700 billion in useless printed money is that it will ADD at least a year to the current rampant inflation.


59 posted on 08/08/2022 10:48:50 AM PDT by Thud
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To: Oldeconomybuyer
Then what's the point?

60 posted on 08/08/2022 1:19:58 PM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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