It’s been two miserable years since the Biden-Harris Inflation Reduction Act. And it’s worse than you think

Join Fox News for access to this content

You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading.

By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive.

Please enter a valid email address.

Having trouble? Click here.

NEWYou can now listen to Fox News articles!

Politicians love to spend other people’s money. That obvious truth has never been more clear than on this, the second anniversary of the Inflation Reduction Act (IRA).

Sold to the American people as a means of mitigating the rampant inflation unleashed by the Biden-Harris administration’s prior federal spending spree, the administration was – once again – acting as both arsonist and firefighter.

We were sold under false pretense that spending more money we don’t have on federal programs we don’t need would somehow tame inflation.

How does that work? It doesn’t. According to the Wharton School at the University of Pennsylvania, the IRA had a statistically insignificant impact on inflation and may have even exacerbated it.

CLICK HERE FOR MORE FOX NEWS OPINION

Setting aside the question of what impact, if any, its

View Source