By: Kevin D. Williamson - nationalreview.com - July 31, 2022
The corporate-welfare “climate-change bill” that Joe Manchin and his Democratic colleagues in Congress wish to inflict upon the republic is a bad piece of legislation for any number of reasons. The obvious one is the economic reason — the combination of higher taxes and a rush of hundreds of billions of dollars in new federal spending lands on the wrong side of both parts of our don’t-call-it-a-recession stagflation, in which we are seeing declining economic output, declining real wages, and inflation above 9 percent overall — and above 40 percent in energy prices. More uncertainty is the last thing American ...
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Source:
Manchin & Climate-Change Bill: Democrats’ Deal Unserious | National Review