Hope springs everlasting, particularly amongst politicians dealing with an electoral wipeout. Democratic leaders and their media confederates shortly embraced the newest life-preserver: the current deal between Senate Majority Chief Chuck Schumer and Sen. Joe Manchin (D., W.Va.) to resurrect the Construct Again Higher Invoice.
The 2 senators slimmed down the legislative monstrosity and restyled it the Inflation Discount Act. That nonsense label is worthy of a P.T. Barnum advert marketing campaign. The Penn Wharton Price range Mannequin predicts that the invoice’s influence on inflation can be “statistically indistinguishable from zero.”
