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Biden Trying To Buy Election With Billions In Green Spending

by Lawrence Kudlow
May 21, 2024, 8:54 AM
in Energy, Extreme Weather, News and Opinion
Reading Time: 3 mins read
A A
1

biden electric car factory

President Biden is trying to buy the election by pumping green money that no one wants into the swing states. [emphasis, links added]

Three Biden bills for a total of $15.4 billion in government spending, mostly for green energy, to be injected into Arizona, Pennsylvania, Michigan, and elsewhere.

The biggest chunk comes from the misnamed Inflation Reduction Act, which should simply be called the Inflation Act.

A recently conducted nationwide Kudlow/TIPP poll of more than 1,400 Americans shows that 54 percent oppose the Environmental Protection Agency mandate for electric vehicles by 2032 that would effectively ban gasoline-powered cars. That’s 54 percent.

And then, when consumers were asked about having a choice to drive gasoline-powered cars if they wanted to, the survey respondents overwhelmingly favored ‘consumer choice’ by 83 percent.

Interestingly, from the poll, 77 percent of Democrats, 89 percent of Republicans, and 83 percent of independents say they wanted to be able to decide for themselves.

Then, the Kudlow/TIPP poll asked whether Mr. Biden’s EV push is blind to a lack of consumer demand. A clear majority — 60 percent — said the president’s push ignores consumer demand.

And then, on the subject of doling out government [taxpayer] money to buy the election, 66 percent agreed that climate was often used as an excuse to favor certain industries, lobbies, or interest groups.

The poll also asks: “How concerned are you about the prospect of increased prices due to climate mandates affecting the manufacturing of electric vehicles, batteries, and chargers, and their potential contribution to inflation?”

The answer is that a 74 percent majority worries that climate mandates will cause higher inflation.

This brings me back to Mr. Biden doling out money to buy the election.

He’s borrowing a page from Franklin Roosevelt in the 1930s, whose political strategy was spend and spend, tax and tax, elect and elect.

That was a long time ago, though. And, by the way, it helped ruin the economy.

Today, Mr. Biden is trying to spend an amazing total of $1.6 trillion of [taxpayer dollars] that were appropriated by Congress but not yet spent.

That’s a hell of a task in the six months remaining before the election. The Bidens will try it anyway.

Real income after taxes — i.e., ‘take-home pay’ — has the worst performance under Mr. Biden since World War II.

Including massive student loan cancellations, which in total would exceed $500 billion and have been ruled illegal by the Supreme Court.

Mr. Biden’s the biggest spender of all time, and he’s generated the worst inflation in over 40 years.

Which in turn has made it unaffordable for working folks to live in the Biden economy. Real income after taxes — i.e., ‘take-home pay’ — has the worst performance under Mr. Biden since World War II.

So Mr. Biden’s EV push is driving a square peg into a round hole.

People are worried about the cost of living for energy, food, housing, and consumer goods.

For Mr. Biden, a ‘spend and spend’ strategy will spell ‘lose and lose’ in November.

Read more at NY Sun

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Comments 1

  1. SPURWING PLOVER says:
    1 year ago

    Bribery, Biden wants to Buy a Vote at 15.4 Billion each

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