INFLATION REDUCTION ACT CAUSED INFLATION
By: Derek Varsalona
President Biden caused inflation, and don't you forget that on election day? The fact of the matter is that our government's massive spending is not helping bring down prices in this economy. It is actually causing prices to skyrocket. The better approach would have been for the free market to work and let it bring down prices through competition.
President Biden does not get it. He is causing inflation at every turn. Now, his Inflation Reduction Act is going to electrify the ports in America. This is only a pay back to the unions that got him elected. The man is searching so much for a legacy and can not find one as of yet with only two months to go to retirement.
Now, President Biden is concerned about people living near the ports for the ports. I am also concerned about their health risk. But the fact of the matter is that we all make choices in life. Those living near the ports either choose that since that is all they can afford to live or they want an easy commute to their jobs.
It is President Biden's policies and his policies alone that is causing inflation. The best approach would be a lassie faire approach where the government is hands-off on the economy. Let the free market work itself out in the economy and watch those prices fall without government intervention. As always comments accepted.
Inflation Reduction Act Caused inflation
Source: President Joseph R. Biden. "Fact Sheet: President Biden Announces $3 Billion to Strengthen Port Infrastructure, Create Good Paying Union Jobs., Bring Clean Ari to Communities." Whtiehosue.gov. Washington, DC: October 29, 2024.
https://www.whitehouse.gov/briefing-room/statements-releases/2024/10/29/fact-sheet-president-joe-biden-announces-3-billion-to-strengthen-port-infrastructure-create-good-paying-and-union-jobs-bring-cleaner-air-to-communities/
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