The average small business owner in the US knows infinitely more about economics than she does.
It sounds like Kamala Harris. Word salad.
If the goal is to sail the USA over the waterfall, Biden couldn't have picked a better crew.
Posted on 08/30/2023 5:57:57 AM PDT by ChicagoConservative27
During an interview with the “Pod Save America” podcast that took place on Monday and was released on Tuesday, White House Counsel of Economic Advisers member Heather Boushey responded to President Joe Biden acknowledging that the Inflation Reduction Act “has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate economic growth” and is misnamed by stating that “it is definitely about green investment. It is also about reducing prices,” and Biden “is very right to focus” on the green provisions in the act, but those will reduce prices.
Boushey said, “As his economist, it is definitely about green investment. It is also about reducing prices, so, let me be very clear. Now, the President is, of course never wrong, but…I think that he is very right to focus on the fact that, with that piece of legislation, we are making historic investments in clean energy. That will reduce prices for families. It will make the transition to clean energy, as we build this new clean energy economy, it’s going to lead to lower prices and prices that are less volatile, super important. And there [are] all of these subsidies for consumers to help people make that transition and for businesses to make those investments. So, he is, of course, right there. But that is about prices. And then, of course, there [are] a lot of things in that legislation that [are] explicitly reducing prices for families in terms of health care.”
(Excerpt) Read more at breitbart.com ...
Word salad with a side of babblecrap.
Reducing the inflation rate does not reduce prices of goods and services which went up during the high inflation rate.
Trying to redefine the purpose of the ‘inflation reduction act’ to something else, does not help the situation at all, and just makes things worse.
“Now, the President is, of course never wrong…”
Sound like someone straight out of a dictatorship. “American tanks will never enter Baghdad…”. “Inflation is purely temporary…”
Trump is very wise in the ways of business, and he’ll easily exploit Biden’s terrible economic record. The MSM will carry Biden’s water, but telling someone the economy is wine and roses is very different from actually going to the grocery store and seeing the prices. Add in high gas prices, rent, interest rates, etc., and Trump has a good case for re-election.
The lunatic asylum at 1600.
“Now, the President is, of course never wrong…”
Think about the mindset it takes to say something this bone dense stupid.
L
“This gaslighting is unreal”
It’s real, and it’s working almost to perfection.
and by reducing prices, they mean, of course, raising prices
Local LEOs here are getting a 25 percent pay raise. Twenty-Five percent pay raise. Federal government is picking up most of the tab. Communist control from the top down, paid for by us.
Well, the high prices aren’t as high as we think they would have been. So, we did reduce prices. SMH
AKA baseline budget pricing.
EC
The average small business owner in the US knows infinitely more about economics than she does.
It sounds like Kamala Harris. Word salad.
If the goal is to sail the USA over the waterfall, Biden couldn't have picked a better crew.
Keep demanding more high wages & then demand that product prices go down.
A 4th grader knows that doesn’t work.
It’s ‘Also About Reducing Prices’
With Biden that’s like checking how much gas in your tank with a match.
The Wallet Reduction Act
Simply more of Joey’s fairy tales..
“reducing” = lowering the rate of INCREASE
Typical for Richmen north of Richmond
<>Now, the President is, of course never wrong<>
Of course, the Divine Right of Democrats.
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