https://townhall.com/tipsheet/katiep...ation-n2592946
Speaking to CNN anchor Don Lemon during a town hall Wednesday night, President Joe Biden made the bizarre argument that printing and spending more money to implement his big government agenda will somehow stop runaway inflation.
"If we pass the other two things I'm trying to get done, we will reduce inflation. Reduce inflation. Reduce inflation. Because, we're going to be providing good opportunities and jobs for people who in fact are going to be reinvesting that money back into all the things we're talking about. Driving down prices, not raising prices. And so, I, I, I, I, I sincerely mean this, prices up now, for example you're in a position where you're trying to build a house, trying to find 2x4s and lumber. Well guess what, people stopped working cutting lumber. They stopped doing it because unemployment was so down. Now all of the sudden there is this need so instead and guess what, instead of paying 10 cents, you're paying 20. You understand what I'm saying."
First, people didn't stop "cutting lumber" as Biden claims. In fact, the housing market has been booming since last summer.
"Wood demand shot up in the summer of pandemic. Many homeowners were stuck at home, unable to vacation. With time and money on their hands, they headed to the local building supplies dealer for the materials to build decks, playhouses, she-sheds and even additional rooms," Forbes
reports. "Then in the autumn of 2020, homebuilders cranked up their construction. By December, single family housing starts (seasonally adjusted) hit their highest level since 2006. This activity was driven by cheap mortgages."
Runaway government spending is the reason Americans are seeing inflation and increased prices on everything from gasoline to groceries. Biden's remaining agenda will cost at least $5 trillion.
Comment - Americans ( except indoctrinated DPST minions) - are not teh dummies fiden and teh nomenklatura believe US to be.
The ridiculous , and false assertions of his fumbling teleprompter speech - - are recognized By thinking Aemricans for teh Lies and chicanery they are.
Best have your HR-1 voter fraud in place for nov 2022 -fascist DPST's - Change is in teh wind.
A second voter Fraud from teh fascist DPST's will likely result in Civil Unrest against teh ruling elite nomenklatura!
Biden Makes a Bizarre Argument About How to Stop Inflation
