Via MadMini: Biden threw a party to celebrate the Inflation Reduction Act on the White House South Lawn even as the latest figures showed that core inflation has continued to rise. Grocery prices had the steepest increase since 1979. Rent prices shot up again and medical costs are escalating. So what’s there to celebrate? The Inflation Reduction Act is a lie. It doesn’t reduce inflation: it actually gooses it. The IRA is another inflationary leftist spending boondoggle that throws billions at green energy and $80 billion at the IRS to audit the middle class in the hopes of balancing out some of the crony cash. A week after signing the IRA, Biden announced a trillion dollar loan bailout for his party’s base of perpetual grad students. Like the Inflation Reduction Act, this was a massive wealth transfer. Audit the middle class and send the checks to Tesla drivers and sociology grad students. Raise inflation rates with inflationary spending and transfer some of the wealth over to welfare voters. https://madmimi.com/s/010f141
