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Duncan: Citizens are worse off today than before the Biden Administration & A Response Video

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A year ago, I told you how Joe Biden’s ‘Inflation Reduction Act’ did nothing to address inflation and would only make it harder for families to put food on the table and fuel in their cars. This legislation was nothing more than a way to fund the radical “Green New Deal” agenda. It’s estimated that the tax breaks for “green” special interests cost 240% more than anticipated—that’s more than $650 billion. Don’t believe the lies from the left when they tell you these dollars are going to your community. The Joint Committee on Taxation shows that 90% of the tax credits pad the pockets of big business and Wall Street—notice the hypocrisy of the left. This legislation pads the pockets of the elites connected to Joe Biden.
Joe Biden even recently admitted that the legislation was misnamed as it “has less to do with reducing inflation.” Democrats will try and tell you that inflation rates have decreased thanks to this legislation. What is happening is inflation rates are decreasing because interest rates have increased at the fastest pace in U.S. history. The median sales price of a home in the United States is now $410,200. The cost of groceries has increased making it harder to provide for your family. Under Joe Biden, the U.S. Department of Agriculture forecasted that food prices will increase again by almost 6%. Every driver has experienced a robbery at the gas pump as costs impact both commuters and truckers. As diesel cost compound on truckers, the more food and household goods cost you.
Instead of supporting commonsense legislation that will help everyday Americans and mom-and-pop businesses, Joe Biden gives your tax dollars to China to prop up the electric vehicle (EV) market without a plan to increase energy production in this country. First, China controls the supply chain for the raw materials, like lithium, needed to create batteries for EVs. China uses child labor and has lax environmental standards for mining these minerals. China is playing climate activists and Joe Biden like a fiddle while taking your tax dollars to the bank. Second, look at the rolling blackouts, brownouts and energy rationing that are taking place in places like California. We need an all-of-the-above energy policy that allows for adequate baseload power generation. Joe Biden would rather chase the Green New Deal and leave you in the dark, literally. Here’s what is happening. A person wants to buy an electric vehicle. Joe Biden gives them a tax credit to buy an EV which increases the profitability for China. Then, the government tells you when you can and cannot charge your EV because of the drain on the energy grid. Couple this with the left waging war on gas stoves, pizza ovens and the list goes on.
End of the day, what do we know on the anniversary of Biden’s Inflation Reduction Act?
1. Joe Biden admits the legislation does not solve inflation.
2. Citizens are worse off today than before the Biden Administration because the cost of food and fuel has increased, and interest rates are rapidly increasing.
3. China profits off American tax dollars while U.S. citizens experience blackouts.
 
A President Biden response video here.
 
South Carolina will be a main beneficiary of electric batteries and electric vehicles investment, promoted by Governor McMaster - related article here.