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Janet Yellen admits Inflation Reduction Act, 'at its core,' isn't about reducing inflation at all

This past Sunday on “Meet the Press,” Democratic Sen. Joe Manchin noted that Joe Biden’s Inflation Reduction Act has turned out to be very different from what he was sold on.

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Literally no one should be shocked that the Biden administration lied about this, least of all Joe Manchin, who may suck but knew exactly what he was getting when he voted for it last year.

So we’d better not see Manchin on our screens next Sunday feigning shock at these remarks from Treasury Secretary Janet Yellen:

“The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity.” Well, duh. That’s all it was ever about. It was never about actually reducing inflation or easing the worsening financial strain on the American people as a result of the federal government’s recklessness with our money. It was about implementing a green agenda that would financially benefit members of the Biden administration like Energy Secretary Jennifer Granholm and make the public increasingly dependent on and beholden to the federal government.

We’ve always known that was the point of the Inflation Reduction Act. Joe Manchin’s always known it. And now that we’ve been saddled with that monstrosity, the Biden administration doesn’t have to pretend anymore. They can just be honest about screwing us over for generations to come.

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Bingo.

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Related:

Janet Yellen says the Biden administration has made racial equity the centerpiece of its economic agenda

Janet Yellen adds somebody else to WH list of who’s to blame for inflation (Spoiler: It’s YOU)

Janet Yellen’s doing a great job of explaining why the country is NOT in the best of hands

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