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Gas Prices Coming Down, Do You Thank Biden?

by Market FinancePosted onJuly 17, 2022July 17, 2022

Gas Prices Coming Down, Do You Thank Biden?

Biden Raises Taxes On Americans

Republican Minority Leader Mitch McConnell didn’t hold back when he came to criticizing congressional Democrats over their senseless spending bills which he said have caused inflation to run through the United States like wildfire.

McConnell also explained that Democrats are now playing a dirty game by first spending like crazy to cause inflation, which has already happened, then taxing us into a recession.

In transcript provided by Breitbart, McConnell explained, “Gene [Sperling] had a really tough job trying to defend the indefensible. There’s one clear reason we are suffering from 40-year-high inflation, the 2.9,– the $1.9 trillion so-called rescue package passed last year in March, without a single Republican vote, which Bill Clinton’s Secretary of the Treasury Larry Summers said at the time was going to create record inflation. And Jason Furman, President Obama’s top economist, said it was going to create record inflation. And it has. And you saw the numbers the other day. They continue to go up. So, Gene did the best job he could defending the indefensible.”

McConnell then said, “This inflationary spiral is entirely the responsibility of this all-Democratic government. And, as you suggested, now they want to make it worse by having yet another spending bill, which they argue is some version of BBB, which Senator Manchin shot down a year ago. And they’re discussing raising taxes, which, coupled with the interest rates that the Fed is going to have to pick up, likely leads to a recession. So they want to tax us into a recession after spending us into inflation.”

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