Welp, Biden has finally figured out what most Americans are worried about, and it’s not WHITE SUPREMACY, or gun control, or abortion, or any of the other happy horse crap he and Democrats keep putting in front of us all to avoid talking about the giant elephant in the room.
You know what, let’s call that a giant DONKEY in the room since we have our pals in the Democratic Party to thank for all of this fun-fun inflation. Think we can make that a thing? ‘There’s no ignoring the giant donkey in the room.’
Hrmmm … maybe not.
It was worth a shot.
Anyway, Biden has decided it’s time to ‘tackle inflation.’
Brace yourselves:
The most important thing we can do now to transition from rapid recovery to stable, steady growth is to bring inflation down. That is why I have made tackling inflation my top economic priority. My plan has three parts — read more about them here: https://t.co/5IUu0qbCaa
— President Biden (@POTUS) May 31, 2022
Joe laid out his big plan in the Wall Street Journal and as you can imagine, it’s bad. So bad. Like bad plans would walk by Joe’s plan and say, ‘Damn, that’s a bad plan.’ Let’s break this down point by point and explain why it’s all a giant fail.
First, the Federal Reserve has a primary responsibility to control inflation. My predecessor demeaned the Fed, and past presidents have sought to influence its decisions inappropriately during periods of elevated inflation. I won’t do this. I have appointed highly qualified people from both parties to lead that institution. I agree with their assessment that fighting inflation is our top economic challenge right now.
Ok, so the first part of his plan is to blame Trump. C’mon, don’t act like you’re surprised.
What’s next, Sleepy Joe?
Second, we need to take every practical step to make things more affordable for families during this moment of economic uncertainty—and to boost the productive capacity of our economy over time. The price at the pump is elevated in large part because Russian oil, gas and refining capacity are off the market. We can’t let up on our global effort to punish Mr. Putin for what he’s done, and we must mitigate these effects for American consumers. That is why I led the largest release from global oil reserves in history. Congress could help right away by passing clean energy tax credits and investments that I have proposed. A dozen CEOs of America’s largest utility companies told me earlier this year that my plan would reduce the average family’s annual utility bills by $500 and accelerate our transition from energy produced by autocrats.
So that’s a lot of ‘blah blah blah’ to blame Putin for issues at the pump, and then push green energy, which will do jack and squat for Americans at the pump. Clean energy tax credits? Really Joe? Oh, there’s another paragraph about how infrastructure will help supply chain issues (again, way down the road) and some rambling about fighting evil pharmaceutical companies to bring prices down although we all know Biden reversed efforts made by Trump to make insulin and the Epipen more affordable. Basically, he’s passing this down to future administrations.
And the last part?
Third, we need to keep reducing the federal deficit, which will help ease price pressures. Last week the nonpartisan Congressional Budget Office projected that the deficit will fall by $1.7 trillion this year—the largest reduction in history. My plan would reduce the deficit even more by making common-sense reforms to the tax code. The Internal Revenue Service should have the resources to collect taxes that Americans already owe.
He wants to raise taxes.
RIGHT?! When inflation is crazy high he thinks that will somehow make it better.
So let me recap. Biden’s plan to fix inflation is to blame Trump, push green energy, and raise taxes.
Told you it was stupid.
And he wonders why so many of us think he sucks.
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