Manchin is one of the few Democrats who understands inflation dangers

 PJ Media:

Joe Manchin's 'Inflation Vindication' Probably Sinks the Build Back Better Bill

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 Manchin’s September op-ed in the Wall Street Journal summed up the danger.

Those who believe such concerns are overstated should ask themselves: What do we do if the pandemic gets worse under the next viral mutation? What do we do if there is a financial crisis like the one that led to the Great Recession? What if we face a terrorist attack or major international conflict? How will America respond to such crises if we needlessly spend trillions of dollars today?

Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation. A pause is warranted because it will provide more clarity on the trajectory of the pandemic, and it will allow us to determine whether inflation is transitory or not. While some have suggested this reconciliation legislation must be passed now, I believe that making budgetary decisions under artificial political deadlines never leads to good policy or sound decisions.

No one — not one Democrat, including Joe Biden — has been able to answer that argument. There is no great crisis where we absolutely need to spend another $2 trillion on top of the $6 trillion we’ve already spent, money that hasn’t had sufficient time to work its way through the economic system. Hundreds of billions of dollars in pandemic relief that have been appropriated haven’t even been spent yet.

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Actually, the spending proposed by the Democrats would worsen the current crisis.  It is a recipe for economic suicide.

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