Alfredo Ortiz of Job Creators Network writes that the so-called Inflation Reduction Act promises to create particular hardships for small businesses and should be blocked by moderate, vulnerable House Democrats.
in FoxBusiness that the so-called Inflation Reduction Act promises to create particular hardships for small businesses and should be blocked by moderate, vulnerable House Democrats:
Inflation continues to hover near a 41-year high. The Labor Department announced Wednesday that consumer prices rose by 8.5% over the last year. Last Friday, the monthly jobs reportthat average wages grew by 5.2%, meaning inflation is increasing by nearly two-thirds faster than earnings. Americans are suffering from a Biden pay cut of declining real wages while the economy is in recession.
The misnamed Inflation Reduction Act, which Senate Democrats passed Sunday, would only fuel this inflationary fire. It would spend
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