Hope is everlasting, especially among politicians facing electoral annihilation. Democratic leaders and their media alliances were quick to embrace the latest lifesaver: the recent deal between Senate Majority Leaders Chuck Schumer and Sen. Joe Manchin (D., W.Va.) to revitalize the Build Back Better Bill.
The two senators stripped down the legislative monster and transformed it into the Inflation Reduction Act. This nonsense label is worthy of a PT Barnum ad campaign. The Penn Wharton Budget Model predicts that the bill’s impact on inflation will be “statistically indistinguishable from zero”.
https://www.wsj.com/articles/manchins-deal-wont-save-the-democrats-elections-bbb-build-back-better-inflation-approval-rating-biden-president-11659561633 Manchin’s Deal Won’t Save the Democrats in the Midterms