Inflation Reduction Act

[Sandman 423]

Gas here now just under 3.50/ga. Trend continues ....

While it is a welcome sight to see the prices on the decline, it would be nice if it were for a reason other than people not traveling.

 

[ClearwaterVol]

While it is a welcome sight to see the prices on the decline, it would be nice if it were for a reason other than people not traveling.

What was the reason they were historically low during the last half of the Trump administration.

 

[85SugarVol]

What was the reason they were historically low during the last half of the Trump administration.

Demand certainly would have played a part there too.

How was Supply at that time.

 

[ClearwaterVol]

Demand certainly would have played a part there too.

How was Supply at that time.

Demand was at damn near zero.


Russian and OPEC were involved in a measuring contest.

 

[Sandman 423]

What was the reason they were historically low during the last half of the Trump administration.

The exact same reason. Why did prices soar like they did?

 

[ClearwaterVol]

High demand lower supply.

 

[Sandman 423]

High demand lower supply.

Did demand go up suddenly without warning?

Can you at least concede that there was no plan for reopening the economy?

 

[85SugarVol]

High demand lower supply.

Wonder what caused that?

 

[ClearwaterVol]

Did demand go up suddenly without warning?

Can you at least concede that there was no plan for reopening the economy?

by either administration? Sure.

 

[C-south]

Gas here now just under 3.50/ga. Trend continues ....

What about everything else?

 

[Carl Pickens]

Former IRS whistleblower says government will target middle class under Dems' inflation bill: It's 'bulls--t'

 

[C-south]

Former IRS whistleblower says government will target middle class under Dems' inflation bill: It's 'bulls--t'

They’ll probably be thumbing through voter registrations as well.

 

[tnmarktx]

 

[SpaceCoastVol]

by either administration? Sure.

Only one was in power though.

 

[rekinhavoc]

How Democrats' Inflation Reduction Act delivers five winning issues to the GOP

Pitfall number four: In the Inflation Reduction Act Democrats have presented deficit reduction as an inflation-fighting measure.
Why is that a problem? Because numerous analysts have concluded that it was the over-the-top American Rescue Plan, passed with only Democratic votes, that kicked off inflation. Throwing $1.9 trillion in stimulus onto an economy that was already red-hot caused the price of everything to rise, as billions in checks and other benefits plumped up consumer bank accounts, savings and spending.

Biden and his party have refused to take responsibility for spending our way into an inflationary cycle. But their insistence that a minor (and uncertain) reduction in the deficit can help bring down prices undermines their argument.




The same people that caused the problem are going to fix it.

 

[rekinhavoc]

Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud

"In the midst of the pandemic the government gave unemployment benefits to the incarcerated, the imaginary, and the dead. It sent money to “farms” that turned out to be front yards. It paid people who were on the government’s “Do Not Pay List.” It gave loans to 342 people who said their name was “N/A.”


New IRS agents should start with these crooks.

 

[ClearwaterVol]

Only one was in power though.

We were opening back up under Trump too.

 

[utvolpj]

Audits of those making <$400k accounts for $20bil in CBO forecasted revenue for the inflation reduction act

 

[Vol423]

The IRS stimulus is now officially law. Morons!

 

[VolStrom]

The IRS stimulus is now officially law. Morons!

The church and food bank receipt business is going to go through the roof. I'm thinking of opening a business.

 

[hog88]

The IRS stimulus is now officially law. Morons!

Thank goodness, maybe they can start getting that evil middle class to pay their fair share!

 

[VolStrom]

Thank goodness, maybe they can start getting that evil middle class to pay their fair share!

Well, the poor and liberals don't pay because they don't work. The rich don't pay because they have accountants and lobbyist's. That only leaves the middle class.

 

[Matt2496]

Biden signs $739 billion Inflation Reduction Act into law, slams GOP for voting against the tax, climate deal

“One thing the Inflation Reduction Act is not expected to do, according to multiple analyses, is reduce inflation. The Congressional Budget Office said the bill will have "a negligible effect" on inflation in 2022, and in 2023 its impact would range between reducing inflation by 0.1% and increasing it by 0.1%.”

The name of this bill is a lie.

 

[UT_VOLS13]

White House economic adviser claims $739 billion Inflation Reduction Act 'more than pays for itself'

 

[southgatevol]

We were opening back up under Trump too.

Quite the witty response. Hearing your retort in a child's whiny voice.