If we’re lucky, it won’t increase inflation. Though, screwing around with energy production most likely will spike it short term
The Big Lie Failed: Just 12% of Americans Think the Inflation Reduction Act Will Reduce Inflation
The Democrats named their tax and spending bill the Inflation Reduction Act, but Americans are not buying it.
The law was hastily thrown together after Senator Joe Manchin (D-WV) struck a deal with Majority Leader Chuck Schumer (D-NY) to vote for a bill that would increase spending by hundreds of billions of dollars and increase taxes by even more. Although both the Congressional Budget Office and the Penn-Wharton Budget Model say the bill will do next to nothing for inflation, Democrats have been bragging that the bill is already working.
Polling from the Economist and YouGov indicates that the American public does not believe the bill will bring down inflation.
Just 12 percent of Americans say the bill will reduce inflation. Forty percent say it will increase inflation. Twenty-three percent say it will do nothing. Twenty-five percent say they are not sure what the effect would be.
Even Democrat think it won’t help, with just 25% saying it will reduce inflation. Just 7% of Independents think it will reduce inflation. And, bad news with the mid-terms coming, 41% of Independents say it will make inflation worse.
Meanwhile
Two Thirds of Biden Voters Have a Dim View of U.S. Economy
President Joe Biden’s attempts to talk up the U.S. economy are not convincing many American. Not even his own supporters.
The most recent polling from the Economist and YouGov shows that 66 percent of Biden voters say the economy is either poor or fair. Only five percent say the economy is excellent and 28 percent describe it as good.
Forty-three percent of Biden voters say the state of the economy is fair. Twenty-three percent say it is in poor shape.
Hey, y’all voted for Biden, embrace the suck. I’d love to see a poll of #NeverTrumpers, see what these turncoat Republicans think about the state of the economy.
2/3rds of Biden voters have a dim view of the economy.
Why do you think they’re called dimocrats?
I would think that if one looked at the respondents to the poll as an i.q. curve graph, the 12% would represent the ‘Dumb as a Box of Rocks’ group, a.k.a. straight democrat voters.