Democrats knew they were causing inflation

 Monica Showalter:

Leading Democrat admits 'we all knew' our big spending would bring inflation

...

 So they "all knew" their monster spending bills would cause inflation, and they did it anyway.  Back when they were promoting their $1.9-trillion "American Rescue Plan" of 2021, their $1.5-trillion Consolidated Appropriations Act of 2021, their adjacent $13.6 billion for Ukraine, their $1.5-trillion Infrastructure and Jobs Act of 2021, plus their extensions of various COVID relief acts of the previous administration that were supposed to be sunsetted out.  Don't forget also Joe Biden's executive orders spendings, such as his student loan debt relief plans.  This was encored with their $786-million "Inflation Reduction Act" of 2022.

And yet they "all knew" that each and every one of these spend-a-thons would throw fat on the fires of inflation, and that inflation has gotten very big indeed.

...

They deliberately made things worse for most Americans. 

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more