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Biden Admits Inflation Reduction Act was NEVER Intended to Reduce Inflation
Armstrong Economics ^ | Sep 9, 2024 | Martin Armstrong

Posted on 09/10/2024 4:58:50 AM PDT by george76

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1 posted on 09/10/2024 4:58:50 AM PDT by george76
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To: george76

Of course the inflation reduction act wasn’t meant to reduce inflation. It actually contributed to it.

Just like the patriot act wasn’t about patriotism and the affordable care act was about mandating insurance thereby raising prices.

There are probably hundreds of examples of laws being named to nearly the opposite of it’s intent, or at least very propagandist in connotation


2 posted on 09/10/2024 5:02:27 AM PDT by z3n (Kakistocracy)
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To: george76

Another $369 billion the democrats made disappear and tax free to their friends


3 posted on 09/10/2024 5:02:40 AM PDT by butlerweave
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To: george76

The Left speaks doublespeak. Whatever problem they say will be solved by a particular piece of legislation will do just the opposite.


4 posted on 09/10/2024 5:12:22 AM PDT by Tom Tetroxide
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To: george76

I assume nearly all Dem bill names are misleading. The real purpose of most of them is to funnel money back to political allies, which results in higher donations back to the Dem party and candidates. In other words, money laundering.


5 posted on 09/10/2024 5:19:49 AM PDT by rbg81
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To: george76

Duh.


6 posted on 09/10/2024 5:20:58 AM PDT by mewzilla (Never give up; never surrender!The fans )
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To: george76

No Shite, Sherlock.


7 posted on 09/10/2024 5:44:46 AM PDT by mfish13 (Elections have Consequences.)
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To: george76; All

The point here should be this: Heels Up Harris was the tie-breaking vote to implement this latest Socialist Democrats Money-Laundering Scam!

“Harris ‘Was The Deciding Vote For The Inflation Reduction Act,’ Says Kevin O’Leary. ‘That’s The Reason We Have Inflation’”

https://finance.yahoo.com/news/harris-deciding-vote-inflation-reduction-131528874.html

President in Exile Trump needs to hammer this home during the debate!


8 posted on 09/10/2024 5:46:46 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: george76

There are crisis in the world, but there is no climate crisis.


9 posted on 09/10/2024 5:50:01 AM PDT by bk1000 (Banned from Breitbart)
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To: george76

Inflation Reduction Act

I am noticing that people are now calling it the

Inflation EXPANSION Act


10 posted on 09/10/2024 5:50:18 AM PDT by Presbyterian Reporter
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To: george76

Starts with P...ends with K


11 posted on 09/10/2024 5:53:56 AM PDT by Sacajaweau (mY)
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To: george76

https://www.facebook.com/KamalaHarris/posts/as-vice-president-i-was-proud-to-cast-the-tie-breaking-vote-to-pass-the-inflatio/1054668489352921/


12 posted on 09/10/2024 6:26:33 AM PDT by Sacajaweau (mY)
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To: Sacajaweau

Don’t forget....Kamala cast her vote to break the tie for this Climate Fiasco. See the link above


13 posted on 09/10/2024 6:27:58 AM PDT by Sacajaweau (mY)
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To: george76

Then he admitted climate change laws wont change climate and health care for all wont help nobody.


14 posted on 09/10/2024 6:32:57 AM PDT by If You Want It Fixed - Fix It
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To: george76

Isn’t this the act that Harris had the tie breaking vote in the senate? She’s just as culpable as Joe in this fraud.


15 posted on 09/10/2024 6:48:10 AM PDT by DownInFlames (P)
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To: george76
Only the Federal Reserve Bank can lower inflation.

They may be following the direction of politicians, but it does not require a new law to change the monetary policy.

16 posted on 09/10/2024 6:52:45 AM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: Salman
Only the Federal Reserve Bank can lower inflation, cause a recession and high unemployment.

Fixed it.

17 posted on 09/10/2024 6:59:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: george76

btt


18 posted on 09/10/2024 6:59:28 AM PDT by GailA (kamalaczar and herr waltz want to turn America into a commie country. Vote Trump.)
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To: Sacajaweau

Yes and an honest media would yoke her with it!


19 posted on 09/10/2024 7:03:40 AM PDT by Kudsman (He treats them just like he would a man. And of course that makes him sexist!)
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To: george76

Duh!


20 posted on 09/10/2024 7:19:02 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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