As Twitchy has noted, supporters of the Inflation Reduction Act have stopped calling it that. In his column Monday, Paul Krugman gave the game away right away, writing that the Inflation Reduction Act “is mainly a climate change bill with a side helping of health reform.” Plus, it adds 87,000 IRS agents to perform audits. It’s the Green New Deal and it will do nothing to reduce inflation.
Tune out the cynics. This bill is, as Bidenologists would say, a BFD, and hope lives https://t.co/zW375W9TVO
— Paul Krugman (@paulkrugman) August 9, 2022
Krugman asks, “Did Democrats just save civilization?” And the answer is no — even Krugman admits the Inflation Reduction Act, by itself, is not enough to avert climate disaster. Krugman writes that it’s a huge step forward, but still not the step the Biden administration wanted to take:
But if the spending isn’t very large, how can it have such a big impact? The answer is that right now we’re sitting on a sort of cusp. Renewable energy technology has made revolutionary progress, and renewables are already cheaper in many areas than fossil fuels. A moderate push from public policy is all that it will take to transition to a much greener economy. And the Inflation Reduction Act will provide that push.
Krugman’s on board with the administration’s framing of pain at the pump as a “transition.” Everything the administration is doing is part of that transition, and you need to do your part by buying an electric car.
— Stephen L. Miller (@redsteeze) August 9, 2022
The beauty of the green boondoggle is there’s no measure of success. They can always claim things would be worse if they didn’t spend trillions.
— Andy Lancaster (@andylancaster) August 9, 2022
No, they didn't Krugman. There is not one politician on this planet that can control climate. Not one. We can go to absolutely 0 human emissions tomorrow & forever and climate will change all on its own. Sometimes beneficial to humans, sometimes not but we can't control it
— JamesTiberius (@TheBigJamesG) August 9, 2022
The hilarious part is they think they did.
— Gian B (@gbtiepolo1) August 9, 2022
Considering his other famous predictions, this might be the clearest sign of the end times there is.
— Cameron Robinson (@CameronMVM) August 9, 2022
No. Net neutrality ended it already.
— KnowledgeablePunditW/OaBlueChexk (@It_Me_Who_Dis) August 9, 2022
He’ll be back to complaining that we’re doomed because of Republicans in a couple of weeks.
— Kyle Smith (@rkylesmith) August 9, 2022
The answer was no pic.twitter.com/SpUNs8dej3
— Malik S. Parker (@TheReelMalik) August 9, 2022
— Sandy (@s_j67) August 9, 2022
Someone got paid to write the headline, and the article. And then it passed through how many editors to be published. Everybody saying yes, and so here we are.
— Andy (@AndyPhalanx30) August 9, 2022
By hiring 80k+ IRS agents, nature can now heal.
— Superlative Goat (@RSP211992) August 9, 2022
This is worse than an episode of West Wing
— A W (@alsiw34) August 9, 2022
Democracy dies in drama.
— SuzanBCruzan (@SuzanBCruzan) August 9, 2022
Can this guy be any bigger of a joke
— Lady (@lovingit111) August 9, 2022
So it’s really a climate bill first and not a bill to reduce inflation?
Related:
Paul Krugman fires back at those mocking 2020 prediction by making the ‘Biden Boom’ even MORE boomy https://t.co/8HIzCZliQn
— Twitchy Team (@TwitchyTeam) August 1, 2022
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