At a fancy fundraising shindig, President Biden let slip that his so-called Inflation Reduction Act (IRA) wasn’t even meant to reduce inflation. Oops! “I wish I hadn’t called it that,” Biden confessed, “because it has less to do with reducing inflation than it does with providing for alternatives that generate economic growth.” Well, isn’t that just fabulous? It’s like when you order a steak and they bring you a salad instead. Talk about false advertising!
Biden Admits the Inflation Reduction Act Was Never Really About Inflation https://t.co/ttJdNZ9fEt
— Townhall.com (@townhallcom) August 11, 2023
This admission is a real whopper considering the White House’s previous stance. They’ve been insisting all along that the IRA was the antidote to our current inflation crisis. But now, Biden is singing a different tune. It’s like he’s saying, “Inflation? What inflation? Nah, let’s focus on economic growth instead!” I gotta say, I’m relieved that the President finally came clean. It’s about time someone in the administration admitted that they don’t have a clue how to tackle inflation.
Biden, at a fundraiser, expresses regret over the name of the Inflation Reduction Act: “I wish I hadn't called it that because it has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate economic growth.”
— Jennifer Haberkorn (jennifer.hab on 🧵) (@jenhab) August 10, 2023
My message to Congress is this:
The Inflation Reduction Act is the strongest bill you can pass to lower inflation, reduce costs, and tackle our climate crisis.
So pass it. Pass it for the American people – and pass it for America.
— President Biden (@POTUS) July 28, 2022
Huh. Funny how inflation has come down every month since the Inflation Reduction Act passed Congress. https://t.co/SLuGzlx8Jj
— Chris Murphy 🟧 (@ChrisMurphyCT) July 26, 2023
And let’s not forget the political theatrics that went into passing this legislation. Senator Joe Manchin was originally against it, but magically changed his mind after a few tweaks were made and it was rebranded as The Inflation Reduction Act. What a masterful rebranding! I guess all it takes is a shiny new name to win Manchin over. Talk about a flip-flopper. But Biden was so grateful for Manchin’s support that he gave him a fancy pen as a thank-you gift. Wow, Biden really knows how to butter up his fellow politicians.
All in all, this whole ordeal just goes to show how the Democrats will do whatever it takes to push their agenda, even if it means deceiving the American people about their true intentions. The Inflation Reduction Act was never really about reducing inflation, and now we have a President who’s openly admitting it. Well done, Democrats. Keep up the great work.