Biden’s Fib Gets Bigger

I previously posted (1) that Biden‘s Inflation Reduction Act was a big lie and that it will not reduce inflation, it will hurt the economy, and it will not even help the climate.

I was wrong.

A recent analysis by Goldman Sachs (2) says that the Inflation Reduction Act will actually cost $800,000,000,000, that is 800 billion,  more than Biden said it would. 

https://twitter.com/moxlosllc/status/1640001479334584322?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

(1) https://moxlosllc.blogspot.com/2022/08/inflation-reduction-act-big-lie.html

(2) https://www.wsj.com/articles/inflation-reduction-act-subsidies-cost-goldman-sachs-report-5623cd29