Are they this stupid or just pretending to be? That’s always the question with this administration. Especially its experts whom, you would think, have a pile of Ivy League degrees that would prevent them from saying quite so many stupid things.
And yet here they are. Here’s Cecilia Rouse, Biden’s Council of Economic Advisers Chair who has spent the year promising that everything will be fine. Any day now. Once the Inflation Increase Act’s heat pump tax credits kick in.
White House economic adviser Cecilia Rouse on Sunday defended the limited progress the Biden administration has had on tamping down inflation, responding to comments from President Joe Biden last week that tried to put a positive spin on the high rate.
“We’re starting to see signs that the actions they are taking is having an effect,” Rouse said of the Federal Reserve, which she said is focused on bringing down inflation.
The only “effect” here has been bringing on a recession and wrecking what’s left of the economy while hardly making a dent in inflation.
“So we’re starting to see signs that our red-hot economy is starting to cool. And so we know that because of that strength … we’re better positioned than most other countries for the Fed to achieve its goals,” Rouse said.
If by goals, Rouse means the elimination of the middle class, she might be right.
Earlier, she was claiming that it was all due to energy prices and the war in Ukraine. The previous numbers shut down that round of happy talk. So what’s left? Heat pumps.
But pushed on when it would start lowering inflation, Rouse said, “Many parts of the bill will start to take effect next year.”
Rouse spoke about the energy tax credits in the law as having one of the most immediate tangible impact in lowering costs.
“There are tax credits for energy to help people weatherize their homes and also bring down other forms of energy costs. So, we are focused on helping to make that transition to clean energy in a way that brings down energy costs for families,” Rouse said.
That 30% tax credit for a heat pump is really gonna turn things around.
The Fed is hammering interest rate hikes to shut down the economy and stop spending while Rouse is promising more giveaways. This isn’t stupid, it’s evil.
Inflation is really a tiger, when it gets out of its cage.
What just now struck me, how many people are familiar with the 1923 hyperinflation in Germany?
Not to mention Venezuela, Rhodesia/Zimbabwe, etc.
When I was a kid visiting France in 1961, they were introducing the “New Franc”. 5 new francs replaced 500 old francs. It was simple, the bills looked the same, except a couple zeroes were missing 🙂
Don’t worry. We’ll all have heat pumps that will keep our homes warm and dispense endless tax incentives that we can live on in perpetuity.
I’d like to know what kind of heat pumps Biden and his professional liars are babbling about. My guess is they are using numbers for air-to-air heat pumps, which aren’t capable of heating homes in much of America, If he’s blathering about geothermal heat pumps, he is still lying about another panacea. Residential homes need 1/4 to 3/4 of acre sized lots for horizontal loop systems. Most homes in cities don’t have the required space. Vertical loops present their own set of problems, and higher costs.
I’ll bet Hunter worked out a great deal with the CCP on some shiny, flashy new heat pumps that will be foisted off on taxpayers, but that won’t function for more than a year. America will get fleeced again, and continually, with all of the constant repairs. It’s the kind of “deal” the Chinese are good at setting up, and the kind that soulless, greedy traitors jump at.
Meanwhile, Biden is doing nothing about our aged, terrorist vulnerable, energy grid.
Thanks! I had to look up “heat pumps”. I think we have them around here. I was wondering what those things were 🙂
If you’re the dumbest ignorant moron around then you are on the obiden team for sure!!!!
And here all along I thought Fairytales all always started with Once Upon a Time But Fairytales always had happy endings at least
“There are tax credits for energy to help people weatherize their homes and also bring down other forms of energy costs”. I recall very similar language when the dems, under obama, where spending tons of money on “shovel ready jobs”. What’s the saying, “those who don’t learn from the past are doomed to repeat it”?
then later he was seen (on video0 sitting with others at a conference table, I think, cracking up saying “haha I guess those shovel ready jobs weren’t so ready” like it was all a big joke. His rip iff Stimulus scam was so funny.
When do we see anything built back?
When do we see what’s better?
I’m postponing moving so my ballot will count. I can’t leave this jurisdiction yet.
Impeach key cabinet miscreants first. Let’s get good at it. Maybe we can cut the time from impeachment proposal to conviction and removal to a matter of weeks.
Let’s get so good at it, all we need do is request resignation with a promise of zero prosecution. No allocution. Just leave. And I mean the pair.
The old engineers I knew were better than the modern ones. Maybe I just knew a select sample. Those old guys were amazing, though they lacked computers to do the work for them.
Just looking at this woman makes me afraid to believe anything she says. Just saying.
She looks like the girl who worked hard in Economics class to get a C grade.
Thanks Daniel, I just saw your “Cloud” article on A7. What struck me was, it is kinda vaguely like an inflationary bubble collapsing, if that makes any sense 🙂
Senator Joe McCarthy was right and a visionary. He tried to warn us……..
It is evil. Everything Biden and his puppeteers have done is evil Evil is all that they are good at. They’re damn good at stupid, too though. They think people are buying their lies, despite the mass exodus of their own essential voters.
Of course, one could argue that they don’t care anymore because they have a fool proof plan for rigging all future elections, or perhaps expect the rigged shortages of food, fuel, and everything that sustains human life to terrify people into groveling submission. The manufactured ammo shortage being a key example of strategic shortages But one way or another, everything they have done or will do is evil.
The left’s yammering about measures to make heating one’s home less expensive is a veiled threat. They blather about the blessings of tax credits that will beneficently allow us to actually heat our homes, as we dive into an early, cold winter, but have driven oil and gas production down and costs up. This was an intentional creation of leverage and at its core was domestic terrorism.
I’d like to see their numbers on all of these suddenly affordable heat pumps. The only ones that can heat a home require buried loops that take heat from the ground. This technology can’t be used in cities where access to groundwater is unavailable and the alternative, underground loops, can’t be installed where there are all kinds of electrical cables, water pipes, sewer pipes, etc. already buried. I don’t know what they are talking about and neither do they. This is an example of their evil and stupidity.
Maybe we can all heat our homes with those coffee makers that will make us fabulously wealthy once we get our tax credits..
Their fool-proof plan for cheating elections is like a full court press in basketball. They try to cheat in every way possible, hoping the opposition will overlook some of them.
Cecilia Rouse just looks evil. Aside from that, she’s incompetent. Another Affirmative Action fail.
The democrats don’t know how to build anything that will do good for the American people, they have never had any training in doing good, only evil.
Biden, obama, harris and many more of their party are the best examples in the world of the democrats abilities to do nothing right.