In a trickster move, the Democrats have pulled a fast one on Americans, after they wrote into the Inflation Reduction Act AKA the Build Back Better Plan, to heavily regulate energy sectors and this will undoubtedly put more stress on everyday people.
Whenever the government decides to get involved with something you can almost always guarantee it will be a disaster – especially if it is being run by a group of feckless socialists.
The law was snuck in in the final hours before the bill was passed and it is inevitable that the energy sector is about to crumble due to the radical climate agenda being pushed by Biden.
The author of “The War on Small Business” Carol Roth, a former investment banker said during an interview with The Blaze radio host Glenn Beck, that the legislation is creating a “horror movie economy.”
“We know that credit card debt is up double digits since the beginning of the year, so the financial balance sheet of the average American is weakening, and all of these things are likely to come together on top of issues, [although] with energy, we’ve seen a little bit of a reprieve.” Roth told Beck.
“I can tell you it’s not the wealthiest people, billionaires who are triggering a $600 Venmo aggregate set of transactions in a year or selling $600 on eBay. That is squarely in the middle class and probably to some extent the lower class,” Roth explained.
Hold on to your hats, folks, it’s going to be a bumpy ride.