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Yellen Admits the Inflation Reduction Act Was Really a Front for the Green New Deal

Treasury Secretary Janet Yellen inadvertently let the cat out of the bag, by saying that the real “core” agenda was to promote green energy pork. Fighting inflation was a political smoke screen.

We’re scratching our heads trying to understand how pouring out another $300 billion or so in climate change spending was ever going to bring down inflation. She regards this great green energy hoax as a policy triumph.

Someone should tell her that oil is now back up above $80 a barrel – which in many states is the equivalent to $4 for a gallon of gas at the pump. With every passing day, Janet Yellen – who had high hopes to be the one sane adult in the Biden Cabinet – proves to be a deeper disappointment.


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