PebHmong Discussion Forum
General Category => General Discussion => Topic started by: Hung_Low on August 09, 2022, 12:43:34 PM
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Even after CBO came out saying this bill will not affect inflation or lower it.
https://www.budget.senate.gov/ranking-member/newsroom/press/cbo-confirms-to-graham-dems-inflation-reduction-act-wont-reduce-inflation (https://www.budget.senate.gov/ranking-member/newsroom/press/cbo-confirms-to-graham-dems-inflation-reduction-act-wont-reduce-inflation)
Heck, even Bernie Sanders came out saying that top economists say it will have very minimal impact on lowering inflation.
ABC-This week claimed experts agree that it will lower inflation by .1% and increase by .1%
Manchin claimed this bill is a saving and not a spending... Say what? How is this saving and not spending when it's earmarked for $billions in expenditures: $27 billions to 'green bank', $80billions to the IRS, $64Billions to the ACA?
Now, this is the Dems' claimed that it will lower the costs to American:
- Giving medicare the ability to negotiate lower cost medication
- Rebates for green energy usage
- Corporation paying more in taxes
How many of you are on medicare where you'll see the saving from Medicare negotiated lower medication cost?
How many of you are going green (solar panel roof, buying electric vehicles, etc. etc.)?
How many of you are benefitting from corporation(earning and assets in excess of $1billions - 185 corps.) tax increase? This one is going to cost American more because these additional cost will always be transferred to the consumers.
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Isn’t all that stuff good???
;D ;D ;D
Why don’t you want to see people living good
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You want to lower inflation? Start by making America a commie nation in a state of crisis like this.
You got to go after the source. When you see price increases at the lower level, it is because he buys his stuff from the source that already jacked up them prices. The prices then trickles down to the lower end consumers like you and I.
Who are them sources? Well the big corporations like proctor and gamble who's competition is johnson and johnson. Coke vs pepsi. Now in a free market enterprise, if coke dares to raise their prices, we go to pepsi. This would stop coke from raising any nude prices. No price raises, no inflation. O0
These corporations are already making over 20% gains and yet, they made a pact to raise their prices even more. So now, if Coke raises their prices, pepsi will raise theirs too. They are in it together to feast on the general public. Their bottom line is to make the most money possible because that is why they are in business. They don't care about the little people like us now do they? They already know that no matter how much they raises their prices, the consumer will buy and have no where to run but to buy since the competition are doing the same thing.
Your commie government needs to stop them from playing the monopoly game by taxing the chit out of them after they make 20% profit. Tax them big corporation and give it back to the poor. If corporation stops with the price hike, the lower end guys will not need to raise their prices as well. Then you have the issue of paying employees big bucks so they are going to raise their prices anyways. Your commie government can go after them too. :2funny: