The Senate being equally divided,
the vice president votes in the affirmative,
and the concurrent resolution as amended is adopted.
She cast the deciding vote to pass the American Rescue Plan, which pushed inflation, supporting all the spending that President Biden signed into law, and people are still struggling to pay bills. Even some former Obama economists had said the American Rescue Plan has contributed to the inflation that we're seeing today. It's definitely too big for the moment. I don't know any economist that was recommending something the size of what was done. The tremendous
wall of money just
sets off a dynamic.
Then the thing about inflation
is you start chasing your tail. Did it create inflation? Did 2000000000000 dollars of deficit spending create inflation? It did
boost demand and that is 1 of several factors
that are involved in inflation.
There are 15, 000 people in Beaufort County who are food insecure
and the line of people in need seems to be growing. Higher gas prices and rent also helped push inflation up. Economic indicators point to
extreme pain. The vice president votes in the affirmative
and the concurrent resolution as amended is adopted.
All of this
is part of our
blueprint
together
for what America can be. This is Bidenomics.
