You know what they say: fight fire with fire!
Yay! We did it!
We fixed inflation!
President Biden signed the Inflation Reduction Act into law on Tuesday, saying "the American people won, and the special interests lost" with the new legislation and touting Democratic support while slamming Republicans for not backing the bill.
I look forward to all the special interests definitely not getting any of that money.
I mean, it's not like we're gonna shovel billions to Democrats who started green energy companies to get sweet tax dollars, then have those companies turn around and donate to Democrat campaigns.
No siree. The American people, that's who won!
The president returned to the White House after a week-long vacation in Kiawah Island, South Carolina. Biden was joined by House Majority Whip Jim Clyburn and Senate Majority Leader Chuck Schumer during an event in the State Dining Room at the White House.
Isn't it nice that he got to go on (another) vacation while you're working two jobs just to afford groceries.
Look at how happy and relaxed he is!
But you won, American. You. won.
"With this law, the American people won, and the special interests lost," Biden said Tuesday. "This administration began amid a dark time in America … a once-in-a-century pandemic, devastating joblessness, clear and present threats to democracy and the rule of law, doubts about America's future itself — and yet we've not wavered, we've not flinched, and we've not given in."
That's right. We overcame those clear and present threats to Democracy by giving more power and money to the people who wanted to shut down churches, mask and jab kids, force people out of jobs, silence dissidents with a Misinformation Governance Board, and fenced everyone out of the People's House, the Capitol.
Again, YOU won, America. Bravo!
Watch the inspiring moment:
"We didn't tear down. We built up. We didn't look back. We look forward," Biden said. "And today, today, offers further proof that the soul of America is vibrant. The future of America is bright, and the promise of America is real. And just beginning."
By "just beginning," I assume he refers to the 87,000 new IRS agents (70,000 armed with guns) that will give it more firepower than most other agencies combined.
The bill, which was passed by the Senate earlier this month and the House of Representatives last week, costs an estimated $437 billion, with $369 billion going toward investments in "Energy Security and Climate Change," according to a summary by Senate Democrats.
Ah, more money that will never be seen again (remember how your life got so much better and you got rich following the bailout of 2008 and the stimulus of 2020?).
"I am confident this bill will endure as one of the greatest legislative feats in decades," said Schumer, D-N.Y.
Oh, it's gonna endure, Chuck. When the middle class is used up, the famines kick in, and those Chinese solar panels are poisoning what used to be farmland with toxic chemicals, I have a feeling historians will be referencing it in their lessons on the ruins of a nation that the ancients called "America."
One thing the Inflation Reduction Act is not expected to do, according to multiple analyses, is reduce inflation. The Congressional Budget Office said the bill will have "a negligible effect" on inflation in 2022, and in 2023 its impact would range between reducing inflation by 0.1% and increasing it by 0.1%.
The United States is facing record-high levels of inflation, which slowed in July for the first time in months but kept prices near the highest level in 40 years.
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