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Biden, (transcribed from live address,) on Inflation.
CSPAN Broadcast from Eisenhower Bldg. | May 10 2022 | golux

Posted on 05/10/2022 11:31:13 AM PDT by golux

Biden talks about his successes and how he will "give workers raises" by "making corporations pay their fair share." My transcription. (golux.)

"...When you look at the economy today it's clear we've made enormous strides. (...) As I travel across the country today I can see, it's clear, we've gone from being on the mend to on the move. (...) The first cause of inflation is the pandemic. (...) The second cause is Mr. Putin's war in Ukraine. (...) Putin's war has raised food prices. (...) Because of the actions we've taken we're in the strongest position to face this challenge. (...) We've built a strong economy and we have a strong job market. (...) Americans have two paths forward. (...) My plan is to lower everyday costs for everyday Americans and to make big corporations pay their fair share. (...) If we pass what I'm talking about, by one estimate it could save Americans as much as $500 per year on utility bills (...) That's because there would be less heat and cool escaping from better insulated doors and windows. (...) My plan is to lower costs for the average American. (...) I have no problem with companies making reasonable profits (...) The bottom line is, Americans have a choice right now. My plan attacks inflation and grows the economy (...) by giving workers raises (...) We have to do more beyond what I lay forward but (...) let's build upon the extraordinary progress we have made...


TOPICS: Politics
KEYWORDS: biden; inflation

1 posted on 05/10/2022 11:31:13 AM PDT by golux
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To: golux

MY plan is ....MY plan will ....MY plan is ....MY plan will ....MY plan is ....MY plan will ....MY plan is ....MY plan will ....MY plan is ....MY plan will ....MY plan is ....MY plan will ....MY plan is ....MY plan will ....

There is NO PLAN...................


2 posted on 05/10/2022 11:34:27 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: golux

OMG! STOP IT! JUST STOP! Can hardly wait to read peppermint patty’s screed on these blatant lies. Sadly, no one is blinking. At least not enough are.


3 posted on 05/10/2022 11:35:33 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: golux

and of course people will believe this nonsense because the tv tells them to.


4 posted on 05/10/2022 11:36:08 AM PDT by NicoDon
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To: golux

It’s Putin and the Republicans fault according to ULTRA demented Joe Brandon.


5 posted on 05/10/2022 11:37:20 AM PDT by 1Old Pro
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To: golux

I cant handle reading that sht today. Makes me too angry. I need a valium or something.


6 posted on 05/10/2022 11:37:45 AM PDT by know.your.why (If you dont watch the MSM you are uninformed. If you do watch the MSM you are misinformed.)
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To: golux
My plan attacks inflation and grows the economy...

Well, so far, his plan has grown inflation and attacked the economy.

7 posted on 05/10/2022 11:39:56 AM PDT by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: golux

Biden creates a world in which he will fight inflation by ‘giving people raises’ and ‘lower costs,’ principally it seems by switching out Americans’ home insulation systems.

This, of course, along with the invariable ‘making corporations pay their fair share,’ another well-known inflationary fix, as any economist with half a brain (or less) surely knows.

He repeatedly demonizes those he calls the “Ultra-MAGA-Republicans,” and takes no responsibility at all for the present crisis.

Other boogeymen include “computer car chips... You can’t get ‘em!”

This president is a disaster.


8 posted on 05/10/2022 11:41:18 AM PDT by golux
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To: golux
[Biden] will "give workers raises" by "making corporations pay their fair share.

I am so tired of hearing this BS. So, let's say Joe does manage to increase taxes on a business you own. Your likely response is to increase your prices since a cost of selling your product just increased. Doesn't Joe realize that increasing taxes on businesses results in that tax being passed along to the consumer. In truth, Biden was really saying:

[Biden] will "lower workers' real income" by "making corporations pay higher taxes which they will pass along to consumers.

Of course, the only winner is the gov't because they now have more tax money to spend in a way that (they think) will get them re-elected.

9 posted on 05/10/2022 11:41:25 AM PDT by econjack (I'm not bossy. I just know what you should be doing.)
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To: golux

He’s a commie.

It isn’t government’s job to say what is a “reasonable profit” any more than it is government’s job to say what is “disinformation.”


10 posted on 05/10/2022 11:46:51 AM PDT by BenLurkin ((The above is not a statement of fact. It is either opinion, or satire. Or both.))
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To: golux

“Reagan’s fault”
“Bush’s fault”
“Bush’s fault”
“Trump’s fault”
“Russia’s fault”
“San Andreas fault”


11 posted on 05/10/2022 12:13:34 PM PDT by Zathras
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To: BenLurkin

We get the inflation number tomorrow...the only way inflation goes down is drill drill...get oil to 40 dollars a barrel...Biden went after them the first day...now they have him trapped...they love 100 dollar oil


12 posted on 05/10/2022 12:14:56 PM PDT by Hojczyk
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To: Zathras

“Asphalt!”


13 posted on 05/10/2022 12:40:53 PM PDT by golux
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To: Hojczyk
We get the inflation number tomorrow...the only way inflation goes down is drill drill...

Inflation is caused by printing too much money, period. We need to drill and create pipelines but that is not the cause of inflation.

14 posted on 05/10/2022 12:43:39 PM PDT by frogjerk (I will not do business with fascists)
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To: golux


15 posted on 05/10/2022 1:56:02 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: golux

What a LIAR.

Whoever voted for this idiot PLEASE REPENT.

VOTE, DEMOCRATS OUT.


16 posted on 05/10/2022 3:47:05 PM PDT by Pearfect
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To: golux

Straight up garbage from Marx.


17 posted on 05/10/2022 4:56:46 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: golux

I’m still waiting for that $2500 Obama promised me.


18 posted on 05/10/2022 4:57:55 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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