Monday, October 24, 2022

U.S._ 12 Hard Lessons We Can Learn from Fallout of Biden Failures

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12 Hard Lessons We Can Learn from Fallout of Biden Failures

U.S. President Joe Biden speaks about the midterm elections during and event at the headquarters of the Democratic National Committee Oct. 24, 2022, in Washington, DC. (Photo by Brendan Smialowski / AFP via Getty Images)

By Larry Bell
Monday, 24 October 2022 01:41 PM EDT
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Here are a dozen experiences to seriously think about when you vote in November:

1.) Printing and Spending Free Money Doesn’t Cure Inflation: Repackaging the Green New Deal spendathon under an absurd guise of an "Inflation Reduction Act" with $313 billion tax increases upon businesses added to other $728 billion in spending, $114 billion in new debt, and $614 billion in other tax increases and budgetary gimmicks will have no impact on reducing nearly four-decade - high 8.2% inflation.

When the Biden administration set foot in the Oval Office, they inherited 1.4% inflation with real Gross Domestic Product (GDP) growing at 6.3%.

2.) Importing Foreign Oil Won’t Benefit the Planet or Prosperity: Killing U.S. fossil energy and attempting to replace it with dependence on less clean, more costly fuel purchased from OPEC+ (including Russia) and other nations which are hostile to our interests (Venezuela and Iran) in exchange for sanction relief will not reduce carbon emissions, pump prices, or household heating and air conditioning costs.

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READ MORE: https://www.newsmax.com/larrybell/armageddon-cia-nuclear/2022/10/24/id/1093177/

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