Inflation Reduction Act

[Seran]

Government is going to government, and they always seek to get bigger.

The CBO estimates of a deficit reduction over 8 years do not take into account economic impacts with the corporate minimum tax. It assumes that the expansion of Obamacare health subsidies will expire in 2025, which we both know Congress won’t let happen. It also severely underestimates costs associated with green energy subsidies which are uncapped. I could go on and on, but this is way above your comprehension & you are not open to logic or reason. Just know that the CBO lowered their budget deficit reduction only a few months after their initial estimate when the bill was on the Senate floor. Your federal overlords are not infallible.

So you're rejecting a legitimate estimate which cited a possible alternative deficit reduction amount IF the ACA subsidies are extended, but because it doesn't cite impossible to quantify factors you feel should be included. Huh. Should the CBO have consulted a crystal ball or just made up figures for your edification? Any other unknowable factors that your doctorate in economic theory leads you to believe are missing?

[Anebriated]

You and SP must share a pair of braincells. You're touting someone's article stating the opinion that the IRA didn't significantly impact inflation figures as evidence the IRA had no impact. Sorry bub that your own article contradicts you.

Yeah why would I use an article where harvard economists and Biden himself state that the IRA did very little to curb inflation... silly me. Maybe the Biden mentioned in the quote was his borther, Barry Garcia

[Suppressed Poet]

So you're rejecting a legitimate estimate which cited a possible alternative deficit reduction amount IF the ACA subsidies are extended, but because it doesn't cite impossible to quantify factors you feel should be included. Huh. Should the CBO have consulted a crystal ball or just made up figures for your edification? Any other unknowable factors that your doctorate in economic theory leads you to believe are missing?

Yes, I reject their estimate.

You don’t need to be a Thomas Sowell to understand that a front-loaded spending bill is not the answer to reducing the budget deficit, and this does little to nothing to combat inflation.

[Parkbandit]

Yes, I reject their estimate.

You don’t need to be a Thomas Sowell to understand that a front-loaded spending bill is not the answer to reducing the budget deficit, and this does little to nothing to combat inflation.

Did you know Thomas Sowell is a staunch socialist?

I do, because Seran told me he was.

[Suppressed Poet]

Did you know Thomas Sowell is a staunch socialist?

I do, because Seran told me he was.

I completely forgot about that until you said it just now.

Nobody will ever dethrone Seran as the Retard GOAT Champion.

[Seran]

Yes, I reject their estimate.

You don’t need to be a Thomas Sowell to understand that a front-loaded spending bill is not the answer to reducing the budget deficit, and this does little to nothing to combat inflation.

I think your dead wrong. For that matter, I think you and your party were also dead wrong on the massive deficits caused by the Trump tax cuts without first identifying spending offsets. How many trillions of dollars of the deficit were added by the ultra wealthy and corporate giveaway that still resulted in recession? Reagan coined the trickle up economy, which has at last been proven as a trickle up wealth concentration plan.

President Biden and the Congressional Democrats have reversed the covid-19 downturn which began under Trump. Tamed resulting inflation from rampant oil speculation resulting from Saudi/OPEC market manipulation and Russia's invasion of Ukraine, and still managed to pass massive benefits to individuals and corporations with revenue improving legislation.

[Anebriated]

I think

Pretty much everything you post would say this is a lie.

[Arqueto]

I think your dead wrong. For that matter, I think you and your party were also dead wrong on the massive deficits caused by the Trump tax cuts without first identifying spending offsets. How many trillions of dollars of the deficit were added by the ultra wealthy and corporate giveaway that still resulted in recession? Reagan coined the trickle up economy, which has at last been proven as a trickle up wealth concentration plan.

President Biden and the Congressional Democrats have reversed the covid-19 downturn which began under Trump. Tamed resulting inflation from rampant oil speculation resulting from Saudi/OPEC market manipulation and Russia's invasion of Ukraine, and still managed to pass massive benefits to individuals and corporations with revenue improving legislation.

*You're

This is why I think you're some kind of disinformation/retardation bot. You can use a bunch of big words (mostly) correctly, but apostrophes and you're/your/they're/their/there just whoop your fucking ass.

(Along with you just being a giant fucking retard altogether.)

[rolfard]

Today is the 460th anniversary, in days, of the signing of the Inflation Reduction Act on August 16, 2022, making now a perfect time to take stock of how it has performed.

Inflation Rates by Month
8.3% - Aug 2022
8.2% - Sep 2022
7.7% - Oct 2022
7.1% - Nov 2022
6.5% - Dec 2022
6.4% - Jan 2023
6.0% - Feb 2023
5.0% - Mar 2023
4.9% - Apr 2023
4.0% - May 2023
3.0% - Jun 2023
3.2% - Jul 2023
3.7% - Aug 2023
3.7% - Sep 2023
3.2% - Oct 2023

Can you spot the pattern in the data? Don't feel bad if you can't. Not everybody is good at economics.

More.. https://www.bls.gov/regions/mid-atla...l_us_table.htm

https://twitter.com/BigSeanHarris/st...625670608?s=19

Screenshot_20231121-205607.jpg

[Parkbandit]

I think your dead wrong. For that matter, I think you and your party were also dead wrong on the massive deficits caused by the Trump tax cuts without first identifying spending offsets. How many trillions of dollars of the deficit were added by the ultra wealthy and corporate giveaway that still resulted in recession? Reagan coined the trickle up economy, which has at last been proven as a trickle up wealth concentration plan.

President Biden and the Congressional Democrats have reversed the covid-19 downturn which began under Trump. Tamed resulting inflation from rampant oil speculation resulting from Saudi/OPEC market manipulation and Russia's invasion of Ukraine, and still managed to pass massive benefits to individuals and corporations with revenue improving legislation.

Literally, everything in your post is incorrect, wrong or just plain retarded.

Stop being incorrect, wrong and plain retarded in every post you make.