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November 16, 2024
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Joe Biden is leaving us something to remember him by: Persistent inflation.

Remember that great Biden-Harris economy we were told we were stupid for not voting for more of? And how inflation was over? The Labor Department reported Wednesday that the October consumer price index rose by 0.2%, same as the previous month. It was actually 0.244%, but the government rounds prices down. Wish the grocery store would do that. This means the annual inflation rate that was 2.4% in September was up to 2.6% in October. I believe that’s moving the wrong way. Thank goodness voters didn’t.

https://www.breitbart.com/economy/2024/11/13/inflation-rose-in-october/

Biden is also helping fuel inflation by leaving us with a big new tax. His EPA finalized a rule imposing a tax of $900 on the oil and gas industry for every metric ton of methane emitted over a certain level in 2024. It rises to $1200 in 2025, $1500 in 2026, and I assume the sky’s the limit. Fortunately, Trump taking over the EPA in January should bring the end of this.

https://www.foxnews.com/politics/biden-imposes-new-methane-emissions-tax-way-out-white-house-critic-says-boost-big-oil

This will be sold by Democrats as a tax on the eeeevil oil and gas companies, but it’s actually a tax on all of us. It will just be passed on to consumers in the form of higher energy prices, which will raise prices on everything that uses energy to create or transport, which is everything. That’s called “inflation.” And guess where the EPA’s authority to do this came from? The trillion-dollar “climate change” spending bill laughably named “The Inflation Reduction Act.” We should tax the people who passed that for all the hot gas they spewed.

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