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Is that inflation reduction act working?
General Boards - Politics
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Replies: 12
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Is that inflation reduction act working?

3
Apr 10, 2024, 12:13 PM
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I mean, it was the most expensive bill in American history. Seems pretty ineffective. Where is all of that money going?

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In August 2022 when the Inflation Reduction Act was signed,

1
Apr 10, 2024, 12:29 PM
Reply

CPI inflation was 9.9%. Today, it's 3.48%.

So...yes?

You probably also think Presidents control gas prices and housing prices.

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So you are saying a bill called the "inflation reduction act" was all a lie?

1
Apr 10, 2024, 12:41 PM
Reply

Because the president has no control over such things.

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Resurrect Bernays... He could probably explain it.***


Apr 10, 2024, 12:53 PM
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Re: So you are saying a bill called the "inflation reduction act" was all a lie?

1
Apr 10, 2024, 12:59 PM [ in reply to So you are saying a bill called the "inflation reduction act" was all a lie? ]
Reply

So when you are immediately shown your claim is wrong you just ... don't acknowledge it?

classic.

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Re: So you are saying a bill called the "inflation reduction act" was all a lie?

2
Apr 10, 2024, 3:41 PM
Reply

https://www.cnn.com/2024/04/10/economy/cpi-consumer-price-index-inflation-march/index.html

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Re: So you are saying a bill called the "inflation reduction act" was all a lie?

1
Apr 10, 2024, 9:52 PM
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Now THAT is ‘an inconvenient truth.’

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Re: So you are saying a bill called the "inflation reduction act" was all a lie?


Apr 10, 2024, 1:50 PM [ in reply to So you are saying a bill called the "inflation reduction act" was all a lie? ]
Reply

Don't large spending bills always reduce inflation? I'll go with tighter monetary policy for a lower level of inflation than a year ago.

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In January 2021 when Biden took office, the CPI inflation was 1.5%. How dat?

1
Apr 10, 2024, 1:17 PM [ in reply to In August 2022 when the Inflation Reduction Act was signed, ]
Reply

As to the I.R. Act, they're just pushing things down the road whether it's The FED, Treasury, President, Congress... whomever.

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Ding ding ding we have a winner!***

1
Apr 10, 2024, 9:50 PM
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Probably not as effective as tariffs on products from China and Mexico!***

1
Apr 10, 2024, 2:15 PM
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We importing food and energy from China and Mexico?

2
Apr 10, 2024, 2:45 PM
Reply

Those are the high drivers.

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Not to mention homes and vehicles and their enhanced insurance...***

1
Apr 10, 2024, 10:11 PM
Reply



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Replies: 12
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