Political Quotes

“since the Biden administration really likes to celebrate things, I rise today on the 1-week anniversary of their party last Tuesday for their so-called Inflation Reduction Act. Last Tuesday, most Americans and, certainly, most West Virginians weren't in a celebratory mood. West Virginians started their day with news that inflation rose to 8.3 percent in August, while President Biden and his party and climate activists began setting up for their Inflation Reduction Act party at the White House. Meanwhile, that same day, the U.S. stock market had its worst day since June 2020, as the White House and its fellow Democrats celebrated their green spending bill that would only extend inflationary pain, but it does expand U.S. and IRS enforcement on Americans who are struggling to afford basic necessities. Days after the nonpartisan Congressional Budget Office published an analysis that the Inflation Reduction Act would actually not reduce inflation, particularly in the short term, President Biden announces that he will do student debt cancelation that would add another trillion dollars to the deficit. Today and tomorrow, the Federal Reserve, which is our U.S. monetary watchdog, is meeting to set new interest rates in a bid to tame inflation. The body has had to raise interest rates aggressively by three-quarters of a point.…”