Boy, This Sure Changed My Vote - Biden Warns Prices Will Rise if Republicans Win the Midterm

This after a report, the last before the midterms, showed that core inflation rose to a 40 year high. https://bit.ly/3Cz7x0Y

Trying to save his Inflation Reduction Act Biden claimed:

- “Because of my economic plan, the United States is in a stronger position than any major economy to take on this challenge...If Republicans take control of Congress, everyday costs will go up — not down.”

Meanwhile, how does the trimmed down Build Back Better Act which adds $740 Billion to spending with a $31 Trillion plus national debt help reduce inflation and make the economy stronger?

The claims made are that it will create:

- Cheaper drug prescriptions
- Rx out-of-pocket cap at $2,000
- $35 out-of-pocket for insulin
- Affordable healthcare coverage extension
- Tax rebates and credits for climate change

Looks to me like a big bonanza for Big Pharma and Modern Medicine which btw in 2020 reflected 19.7% of our GDP or $4.1 Trillion. https://bit.ly/3VnUAzR

$4.1 Trillion? And the Inflation Reduction Act funnels even more to Big Med?

Hmmm...I wonder if that contributes to inflation?
More government spending stops inflation? And Joe is now trying to blame shift? Come on, man!

#inflationreductionact #biden #midterms #inflation
Boy, This Sure Changed My Vote - Biden Warns Prices Will Rise if Republicans Win the Midterm This after a report, the last before the midterms, showed that core inflation rose to a 40 year high. https://bit.ly/3Cz7x0Y Trying to save his Inflation Reduction Act Biden claimed: - “Because of my economic plan, the United States is in a stronger position than any major economy to take on this challenge...If Republicans take control of Congress, everyday costs will go up — not down.” Meanwhile, how does the trimmed down Build Back Better Act which adds $740 Billion to spending with a $31 Trillion plus national debt help reduce inflation and make the economy stronger? The claims made are that it will create: - Cheaper drug prescriptions - Rx out-of-pocket cap at $2,000 - $35 out-of-pocket for insulin - Affordable healthcare coverage extension - Tax rebates and credits for climate change Looks to me like a big bonanza for Big Pharma and Modern Medicine which btw in 2020 reflected 19.7% of our GDP or $4.1 Trillion. https://bit.ly/3VnUAzR $4.1 Trillion? And the Inflation Reduction Act funnels even more to Big Med? Hmmm...I wonder if that contributes to inflation? More government spending stops inflation? And Joe is now trying to blame shift? Come on, man! #inflationreductionact #biden #midterms #inflation
Biden Warns Prices Would Rise If Republicans Win the Midterm Elections
President Joe Biden warned prices would go up if voters punish him by handing Republicans control of Congress, after a politically damaging report showed core…
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