$370 Billion specifically earmarked for climate change and green energy, aided by AZ Sen. Kyrsten Sinema
In case you missed it, Biden’s surrogates have released an economic blueprint bafflingly “explaining how his historic legislative successes and executive actions the administration has taken, are rebuilding the economy from the bottom up and middle out now and for years ahead.”
The magical leftist wordsmiths mysteriously conclude “that his first two years in office have been two of the most productive in American history, and as the Blueprint explains, these accomplishments are all part of one economic vision. This Congressional session, the President and Congressional Democrats passed the most aggressive economic recovery package since FDR, the most substantial infrastructure investment since Eisenhower, the most significant investment in manufacturing and research and development in history, and a historic law to lower costs for families and accelerate clean energy manufacturing.” That’s slick talk to get you into costly electric vehicles, regardless of whether or not that’s your preference.
Either the Bidenites have their heads up their derrieres or the brutal reality of continually escalating prices doesn’t affect the Washington elite. The greater Phoenix area leads the nation at 13% inflation.
The U.S. Bureau of Labor Statistics actually employs workers to construct charts and graphs to sell this insanity to low information Americans. The bureau describes its efforts as “complementing the written analysis and data tables in BLS news releases.”
Even Bloomberg News, hardly regarded as conservative, acknowledges, “Amid the highest US inflation in four decades, bread prices have soared this year, pushing more premium options to an unheard-of $10 a loaf and beyond.” Market Watch reports “Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular. Food to prepare at home rose by 13.5% in the month compared to last year, the highest rate of growth since March 1979, according to government data. The rise in the cost of living was 8.3% year-over-year in August. Food, in total, was 11.4% more expensive than last year, the biggest annual increase since May 1979.” Escalating rent costs are unaffordable for many families, now being forced to double up in order to get by.
But those who have educated themselves and worked diligently to ensure future security for themselves and their families are viewed as selfish louts who need to spread their wealth past the level of paying high confiscatory taxes. We used to want to emulate them. Now they are reviled for their successes. This single page document titled, SUMMARY: CLOSING TAX LOOPHOLES IN THE INFLATION REDUCTION ACT OF 2022 is based on the flawed premise that wealthy Americans don’t pay their fair share. Read Number 2 on the list of 4. It verifies that the Biden Administration is run by fools who base their decisions on public polling.