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 ...
Bringing this once great country to ruin is the passionate goal of these people. They plan to then build a communist paradise in its place in which the earnings of productive people are taken by the collectivity. The Kulaks, us, will be eliminated.
yep.
Problem is, there are a lot of voters that are the same. But certainly no where near 81 million. 😋
I remember watching Saturday Night Live decades ago, and they were lampooning Joe Biden even then. They portrayed him as an imbecile spouting nonsense. 1990's, 2000's, SNL knew he was stupid and an idiot.
Robin Williams nailed him in 2009...
“Ramblin’ Joe Biden” - Language Warning
https://www.youtube.com/watch?v=jHHUkTRFvew
And as lunchbox joe defines lunacy down there’re fewer & fewer.
manchin took a dive
lyin’ sack
time for good ol’ joe to hit the campaign trail with this message
see how it plays on the road
We won what ???
Manchin is just protecting his daughter.
No Manchin fan here!
But why do you say he was protecting his daughter?
Note to self: whenever Biden says “the people” he’s referring to the DC elite.
Check her out.
At his very best, around 40 years ago, Biden was an imbecile.Tucker Carlson (AKA FOX NEWS) did a piece on Joe Biden's historic past...About a year AFTER the 2020 election
I live in WV. I even know her ex-husband - Not well but I know him. Believe me I am not going to defend her. I am curious to see if you have something on her that don’t know.
How does another wild spending spree by the government help reduce inflation?
What a load of sh##
AP must have gotten enough backlash from their initial headline that they updated it:
US inflation falls for 2nd straight month on lower gas costs
Old link goes to the new article now. LOL
Yes, it is true -— if the INFLATION REDUCTION ACT wasn’t around, the inflation rate would be 8.4%.
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