Democrat Spending Bill Will Bring Nothing
But More Economic Hardship
Townhall,
by
Spencer Brown
Original Article
Posted By: Imright,
8/5/2022 12:53:47 PM
After months of trying and failing to get enough votes in the Democrat-controlled Congress to pass sweeping social spending legislation, Senate Majority Leader Chuck Schumer (D-NY) finally convinced Senators Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) to abandon their previously stated principles and put their party over what's best for their constituents.
Since the result of Schumer's closed-door negotiations was announced, it's been clear that the bill — referred to unofficially as "Build Back Better Jr." but officially named the "Inflation Reduction Act" — will not do anything it's being proclaimed to do.
Reply 1 - Posted by:
DVC 8/5/2022 12:57:15 PM (No. 1238837)
They live and work every day to destroy the American middle class, especially the small businessmen and women who are the real backbone of our economy.
14 people like this.
The headline is not entirely true...it will also enrich those with sufficient political connections.
10 people like this.
Reply 3 - Posted by:
red1066 8/5/2022 1:15:36 PM (No. 1238854)
Typical demoslut/socialist BS. As always, the name of the bill does exactly the opposite. It won't reduce inflation; it will increase inflation. As one financial analyst stated, "You can't spend your way out of inflation".
5 people like this.
Reply 4 - Posted by:
ms1234 8/5/2022 1:16:53 PM (No. 1238857)
The Dems motto before the November elections, "Burn it all down and leave nothing behind." The Republicans can't float a ship that has already sunk to the bottom of the ocean. Good luck bringing it back up. If they can't, then it's "Build a new ship according to Marxist ideology."
9 people like this.
Reply 5 - Posted by:
EQKimball 8/5/2022 1:47:00 PM (No. 1238892)
Because socialism at its core is a secular religion, Democrats are wedded to articles of faith that are not grounded in real-world economics. One such article is that it is possible to spend your way out of debt and into prosperity, a corollary to which is that the more money is pumped into the economy, the lower will be the price of goods. After all, how can something so wrong feel so right? If the government simply declared that every tree leaf is worth $100, how many leaves would it take to buy a pair of shoes? One or two? Thousands? Millions? The correct answer is zero.
3 people like this.
Reply 6 - Posted by:
marbles 8/5/2022 1:48:46 PM (No. 1238894)
That was a given. They intend to crush us. Break our spirit and break up financially. The unintended election of Trump got in the way of their plans.
6 people like this.
Reply 7 - Posted by:
bpl40 8/5/2022 1:53:55 PM (No. 1238896)
That is still not an unavoidable or even unintended by product. It is the goal.
3 people like this.
Reply 8 - Posted by:
formerNYer 8/5/2022 1:57:59 PM (No. 1238903)
There are only two possible reasons The D‘ rats past this bill:
One they are very very stupid and really believe this bill will help
To they are trying to destroy this country
3 people like this.
Reply 9 - Posted by:
Muguy 8/5/2022 3:05:25 PM (No. 1238965)
It ought to be quite obvious, even for the ignorant now (except for the anti-Trump anti-American folks)
The Demonrat Socialist Marxists create a nice sounding title for a bill, then have the bill state the exact opposite of what is in the bill, rush it out before the folks back home can call BS on it, and the blackmail, pressure or corrupt their reps to vote for it.
Its THEIR party and you are allowed to speak against it, except at the ballot box in primaries where they keep their seats and in November every 2,4, or 6 years.
If your representative voted to raise your taxes without cutting spending, they need to go! Since the Reagan Administration, there is to cutting the size of government. Even Mr.Trump got fooled into signing a raise of $3 billion dollars on U.S.
1 person likes this.
Reply 10 - Posted by:
Grateful 8/5/2022 3:37:00 PM (No. 1238995)
We will go from the Biden recession to the Biden depression if this monster becomes law. Financial depression is defined as a loss in real GDP of 10% over a one year period. A 1930's era depression is on the horizon because congressional democraps with no business or financial knowledge/experience are modern Pied Pipers. The cliffs are very close.
4 people like this.
Reply 11 - Posted by:
YorkieMom 8/5/2022 5:16:21 PM (No. 1239081)
That’s the plan. Since when have they ever cared about anything but keeping their jobs while they screw the rest of us.
1 person likes this.
Reply 12 - Posted by:
bad-hair 8/5/2022 5:57:51 PM (No. 1239116)
They know they're toast in November. Strategy ... clobber the economy good and hard and let Republicans take the blame for 2 years. Then in 2024 race in to save the day.
1 person likes this.
Reply 13 - Posted by:
mifla 8/6/2022 5:52:37 AM (No. 1239460)
The destruction of our country is intentional, no one can be this stupid.
1 person likes this.
Reply 14 - Posted by:
franq 8/6/2022 7:39:48 AM (No. 1239508)
Spend all ya want, we'll print more. Yesterday at work a second furlough was announced. As in unpaid, nobody does any work, don't even check your email. Transitory!
0 people like this.
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