23 Aug 2022 1:33 pm
Everyone has proof that the dems did this!!!Xavier_Onassis » 23 Aug 2022, 12:44 pm » wrote: ↑ What proof do you have that anyone is doing this?
How do you know they are "dems"?
The Dems passed the Inflation Reduction Act, which does not reduce inflation at all and in fact makes it worse.
The bill increases Health Care spending by $34 Billion.
The bill increases Energy & Climate spending by $116 Billion (excluding Tax Credits)
But, if you included the Tax Credits the Total Spending is $502 Billion.
So, you see the Supply Chain Problems continue and the US is pumping even more $$$ into the economy ... and to make matter worse most of the climate stuff is made in China (looks like hunter's China connection is paying off for the Chinese) Most of the climate funds are going to China. The bill has ever more $$$ chasing few goods, making inflation worse.
It gets worse. The bill raises taxes on large business and corporations.
Which sounds great, but the dem will not tell you these people will just pass on this additional cost to the consumer who purchases their products ... Leaving people with even less money during inflationary times.