Inflation Reduction Act of 2022

[Anonymous]

What was the legislation republicans were proposing?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We’ve hit the peak for inflation.

Yeah I heard that in April 2022 and October 2021 and July 2021.

Yeah, I call BS.

Inflation will still be near 10 percent. That means everything will be 10 percent more than last year at this time. Even if inflation slips to 5-6 percent, it still means things are still getting more expensive even from this point where they already are so much more expensive!

I remember Yellen saying inflation is transitory then admitting she was wrong. She is supposed to be the smartest person in the room.

So no, inflation is still out of control and not hit peak yet!!!!

The real problem that numbers are starting to compound. Inflation started picking up in Jan of 2021 and really accelerated this year. Even if you bring it down to 6.0% annualized that’s off of a much higher basis.

Bonkers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have to say, watching you Republicans scramble to try to message against this bill - and the others - is sort of fun. Have Dems actually figured out good comms and messaging for the first time in decades?!

This. How many legislative wins is this for Biden now: Covid, Infrastructure, Chip Bill . . .

And let's just say it, even if this bill solved inflation on the spot, they wouldn't like it.

This is the problem with the politics as sport mindset. The point of politics is good governance. Not “legislative wins”. Hard to see good outcomes for the country so far from these so called “legislative wins”. And Biden’s poll numbers reflect that.

Im old enough to remember when ObamaCare was going to lower our insurance costs and lead us to better health outcomes. 13 years since it’s passage and we’re still waiting.

I’m also old enough to remember when everybody was praising Biden as the new FDR after the recovery act passed. Just a year later and nobody thinks Biden will be transformational like FDR.

I’ll go ahead and predict that in 2030 we’ll look back and the Inflation Reduction Act will have failed to raise the revenue it promised, lead the economic recovery it promised and failed to reduced CO2 emissions by 40%. But you got your “legislative win” to spin into a narrative for the mid-terms.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have to say, watching you Republicans scramble to try to message against this bill - and the others - is sort of fun. Have Dems actually figured out good comms and messaging for the first time in decades?!

This. How many legislative wins is this for Biden now: Covid, Infrastructure, Chip Bill . . .

And let's just say it, even if this bill solved inflation on the spot, they wouldn't like it.

This is the problem with the politics as sport mindset. The point of politics is good governance. Not “legislative wins”. Hard to see good outcomes for the country so far from these so called “legislative wins”. And Biden’s poll numbers reflect that.

Im old enough to remember when ObamaCare was going to lower our insurance costs and lead us to better health outcomes. 13 years since it’s passage and we’re still waiting.

I’m also old enough to remember when everybody was praising Biden as the new FDR after the recovery act passed. Just a year later and nobody thinks Biden will be transformational like FDR.

I’ll go ahead and predict that in 2030 we’ll look back and the Inflation Reduction Act will have failed to raise the revenue it promised, lead the economic recovery it promised and failed to reduced CO2 emissions by 40%. But you got your “legislative win” to spin into a narrative for the mid-terms.

Hence the genius of Republicans. Never propose anything constructive and you can never be wrong. Oppose everything and your base can always be angry. BTW, if you don’t think Obamacare worked, you don’t remember what it was like to buy individual coverage with a pre-existing condition in the pre-ACA days.

[Anonymous]

Anonymous wrote:What was the legislation republicans were proposing?

Inane comment revealing a complete lack of understanding of how the political system works. Democrats control the house, senate and executive so it’s entirely irrelevant what republicans propose.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What was the legislation republicans were proposing?

Inane comment revealing a complete lack of understanding of how the political system works. Democrats control the house, senate and executive so it’s entirely irrelevant what republicans propose.

So… nothing? The republicans don’t have any proposal for dealing with inflation?
Nothing at all?

[Anonymous]

Anonymous wrote:What was the legislation republicans were proposing?

Look.... Biden and the Dems got us into this mess.
The fix is not to spend more money and tax more. The fix is to reduce taxes, stop spending, and cut regulations. But, these things would never fly with the far left so Biden would never consider it.
This act will compound the problems we are currently experiencing. And, when that happens.... Biden will find someone or something else to blame.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have to say, watching you Republicans scramble to try to message against this bill - and the others - is sort of fun. Have Dems actually figured out good comms and messaging for the first time in decades?!

This. How many legislative wins is this for Biden now: Covid, Infrastructure, Chip Bill . . .

And let's just say it, even if this bill solved inflation on the spot, they wouldn't like it.

This is the problem with the politics as sport mindset. The point of politics is good governance. Not “legislative wins”. Hard to see good outcomes for the country so far from these so called “legislative wins”. And Biden’s poll numbers reflect that.

Im old enough to remember when ObamaCare was going to lower our insurance costs and lead us to better health outcomes. 13 years since it’s passage and we’re still waiting.

I’m also old enough to remember when everybody was praising Biden as the new FDR after the recovery act passed. Just a year later and nobody thinks Biden will be transformational like FDR.

I’ll go ahead and predict that in 2030 we’ll look back and the Inflation Reduction Act will have failed to raise the revenue it promised, lead the economic recovery it promised and failed to reduced CO2 emissions by 40%. But you got your “legislative win” to spin into a narrative for the mid-terms.

Hence the genius of Republicans. Never propose anything constructive and you can never be wrong. Oppose everything and your base can always be angry. BTW, if you don’t think Obamacare worked, you don’t remember what it was like to buy individual coverage with a pre-existing condition in the pre-ACA days.

Republican failure to propose alternatives is not the issue. It is a deflection from the simple fact that “legislative wins” don’t translate to the real world. Obamacare is a prime example: the ACA’s advocates promised to deliver, among other things, lower healthcare costs for all, improved health outcomes and economic dynamism (remember how everybody was going to quit their jobs and unleash pent up entrepreneurial zeal?).

Once again we find Democrats peddling the latest “transformational” legislation. Nevermind that we’re less than 18 months removed from the last time a Democratic “legislative win” promised to transform society (the Recovery Act). Spoiler alert: this legislation won’t come anywhere near accomplishing its supporters’ goals by 2030.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have to say, watching you Republicans scramble to try to message against this bill - and the others - is sort of fun. Have Dems actually figured out good comms and messaging for the first time in decades?!

This. How many legislative wins is this for Biden now: Covid, Infrastructure, Chip Bill . . .

And let's just say it, even if this bill solved inflation on the spot, they wouldn't like it.

This is the problem with the politics as sport mindset. The point of politics is good governance. Not “legislative wins”. Hard to see good outcomes for the country so far from these so called “legislative wins”. And Biden’s poll numbers reflect that.

Im old enough to remember when ObamaCare was going to lower our insurance costs and lead us to better health outcomes. 13 years since it’s passage and we’re still waiting.

I’m also old enough to remember when everybody was praising Biden as the new FDR after the recovery act passed. Just a year later and nobody thinks Biden will be transformational like FDR.

I’ll go ahead and predict that in 2030 we’ll look back and the Inflation Reduction Act will have failed to raise the revenue it promised, lead the economic recovery it promised and failed to reduced CO2 emissions by 40%. But you got your “legislative win” to spin into a narrative for the mid-terms.

You are still waiting because ObamaCare still hasn't been fully implemented, and the GOP stifles and undermines it at every turn thus frustrating people like you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What was the legislation republicans were proposing?

Look.... Biden and the Dems got us into this mess.
The fix is not to spend more money and tax more. The fix is to reduce taxes, stop spending, and cut regulations. But, these things would never fly with the far left so Biden would never consider it.
This act will compound the problems we are currently experiencing. And, when that happens.... Biden will find someone or something else to blame.

Wait, what?

What was the GDP and unemployment rate when Biden took office and what it is today?

Do you seriously not remember 2020?

[Anonymous]

Anonymous wrote:

Anonymous wrote:What was the legislation republicans were proposing?

Inane comment revealing a complete lack of understanding of how the political system works. Democrats control the house, senate and executive so it’s entirely irrelevant what republicans propose.

^doesn't understand the filibuster

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have to say, watching you Republicans scramble to try to message against this bill - and the others - is sort of fun. Have Dems actually figured out good comms and messaging for the first time in decades?!

This. How many legislative wins is this for Biden now: Covid, Infrastructure, Chip Bill . . .

And let's just say it, even if this bill solved inflation on the spot, they wouldn't like it.

This is the problem with the politics as sport mindset. The point of politics is good governance. Not “legislative wins”. Hard to see good outcomes for the country so far from these so called “legislative wins”. And Biden’s poll numbers reflect that.

Im old enough to remember when ObamaCare was going to lower our insurance costs and lead us to better health outcomes. 13 years since it’s passage and we’re still waiting.

I’m also old enough to remember when everybody was praising Biden as the new FDR after the recovery act passed. Just a year later and nobody thinks Biden will be transformational like FDR.

I’ll go ahead and predict that in 2030 we’ll look back and the Inflation Reduction Act will have failed to raise the revenue it promised, lead the economic recovery it promised and failed to reduced CO2 emissions by 40%. But you got your “legislative win” to spin into a narrative for the mid-terms.

Hence the genius of Republicans. Never propose anything constructive and you can never be wrong. Oppose everything and your base can always be angry. BTW, if you don’t think Obamacare worked, you don’t remember what it was like to buy individual coverage with a pre-existing condition in the pre-ACA days.

DP...I'll give the PP a hint...you couldn't.

Signed, someome with a pre-existing condition.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What was the legislation republicans were proposing?

Inane comment revealing a complete lack of understanding of how the political system works. Democrats control the house, senate and executive so it’s entirely irrelevant what republicans propose.

No it isn't at all irrelevant. If Republicans actually had something viable, sensible and workable to offer it should be able to pass with bipartisan votes. But the Republicans have not been the party of solutions or bipartisanship for well over 10 years now. I still remember them promising a healthcare bill to replace ObamaCare - we've been waiting for 10 years and they STILL don't have anything. So it's not that they "can't" get anything passed, it's that they do not have anything *worth* getting passed.

We DO understand how the system works. Republicans DO in fact have the power to pass or get behind bipartisan legislation - but instead they refuse to do anything but obstruct and engage in empty partisan grandstanding.

[Anonymous]

Anonymous wrote:Whopper tax increase that will drive companies offshore.

Big fat loser for America.

This. Tax increases for virtually all Americans. The extremely left leaning The Wall Street has a good article today. It will be costly for all Americans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What was the legislation republicans were proposing?

Look.... Biden and the Dems got us into this mess.
The fix is not to spend more money and tax more. The fix is to reduce taxes, stop spending, and cut regulations. But, these things would never fly with the far left so Biden would never consider it.
This act will compound the problems we are currently experiencing. And, when that happens.... Biden will find someone or something else to blame.

Wait, what?

What was the GDP and unemployment rate when Biden took office and what it is today?

Do you seriously not remember 2020?

That's how republican governance works. They break it and then blame the next guy for not immediately fixing it. It's happening to Biden, it happened to Obama when he took office less than six months after Bear and Lehman collapsed, for those with longer memories, it happened to Clinton taking office after the 91-92 recession.