He Admitted Inflation Reduction Act Failed

Fresh off the beach and in a pathetic attempt to tout “Bidenomics,” sun-tanned Joe admitted the Inflation Reduction Act failed…miserably.

 

And ever since his disastrous debate with Trump (forcing his Democrat ‘friends’ to kick him to the curb and launch Kamalama Dingdong as the selected/not elected Democrat nominee) Sleepy Joe spoke off the teleprompter at an event in Westby, Wisconsin.

 

Surprisingly/not surprisingly he revealed the truths about how the largest spending measure in American history was never intended to reduce inflation.

 

“We should have named it (Inflation Reduction Act) what it was!”

“the most significant CLIMATE CHANGE LAW ever”

 

 

Ironically (or NOT) way back on January 5, 2023 we said:

 

On January 1^st our government initiated more taxes for you.

But they think you’re too stupid to notice.

Cue up:  The Inflation Reduction Act.

In this new egregious act, the Boyz in DC want you to believe that they only raised taxes on “greedy” corporations, or on the “evil” oil, gas, and coal industries.

And that these taxes will in NO WAY affect regular, working people.

LMAO!

 

READ the Entire Article:   Inflation Reduction Act = More Taxes for YOU (HERE)

 

 

We’re not saying we told you so…

Wait!

Check that!

Yes, we are.

 

And this confirms what we said years ago about how the Inflation Reduction Act increased inflation, like how the Affordable Care Act under Obama increased the costs of healthcare/sickcare.

 

Or have you forgotten about your increases in sickcare?

 

 

 

 

Inflation Reduction Failure on Steroids

 

 

 

Ironically (or NOT) O’Biden was not the first to admit this failure.

Huh?

 

Last year Treasury Secretary Janet Yellen (aka Mrs. Doubtfire) admitted the truth behind the Inflation Reduction Act saying:

“The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity,”

 

 

But the public knows very little of Yellen and her confession did not make headlines.

 

Sad to say it provided the government with an opportunity to eliminate our energy independence.

 

Wait, What?

 

Before O’Biden took office we did not have an energy crisis.

He killed the Keystone deal on his very first day in office and has been promoting the larger WEF Build Back Better plan at the expense of the nation.

 

As a result, Biden-Harris implemented policies that worsened inflation.

 

And then convinced mindless politicians (who never read the large tax bills) to vote for a $369 billion act under the premise of fixing a problem he created.

 

But don’t worry, Kamalama is going to fix everything...”Cackle, Cackle.”

 

And hopefully she will explain how in the upcoming debate with Trump…LOL.

 

In the meantime, we still stick with our forecast that the markets will experience whipsaw action between now and the election.

So, be sure to read our September edition of “…In Plain English” (HERE) to learn how to hedge your investments in volatile markets.

 

Share this with a friend…even if they don’t believe the Boyz in the “Club” all lied about the Inflation Reduction Act.  They’ll thank YOU Later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

*********************************