Politicians of both parties sometimes take the voters for granted. Right now, Democrats have taken this idea to a new level. They are engaged in an organized campaign to lie to the American people.
The topic of the campaign of lies is the marketing of the so called “Inflation Reduction Act.” Democrats are campaigning on this bill and treating voters as if they are idiots. The bill does nothing to decrease inflation overall and will hammer average Americans and family businesses with a dramatic hike in energy inflation.
It is possible that Democrats realized that the only way they could pass this bill that will result in even more inflation is to call market it as a bill to reduce inflation in the hope that when the new price hikes hit the American people, it will be too late for them to do anything about it.
The bill is loaded with inflation enhancements. The $433 billion in new government spending offset by zero dollars in cuts to existing spending will increase inflation. The tax increases that will be passed onto consumers in the form of higher prices, with many specifically targeted in a way to hike gas prices, will increase inflation. Famed economist Milton Friedman argued that “only government creates inflation” with “too much government spending and government creation of too much money.” Another way to increase inflation is for the government to impose high taxes whereby the prices of products and services gets increased. This bill is the perfect Woke storm of liberal ideas on how to hike gas prices to force Americans to buy electric cars and solar panels.