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363. Biden Admin Celebrates 40-Year High Inflation

September 16, 2022

Despite continued high inflation numbers, stock market drops, and a shaky housing market, the Biden Administration thought is was a good time to celebrate the passage of the Inflation Reduction Act.

The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 363 of the In The Tank Podcast. Despite continued high inflation numbers, stock market drops, and a shaky housing market, the Biden Administration thought is was a good time to celebrate the passage of the Inflation Reduction Act. Also, major credit card companies have taken action that will essentially create a national gun registry.

 

PRIMARY TOPIC – BIDEN ADMINISTRATION CELEBRATES 40-YEAR HIGH INFLATION

The Federalist - The Biden Administration Isn’t Interested In Governing But In Criminalizing The Opposition
https://thefederalist.com/2022/09/14/the-biden-administration-isnt-interested-in-governing-but-in-criminalizing-the-opposition/

NYP - White House throws ‘inflation reduction’ party with James Taylor as stocks crash over dismal 8.3% rate
https://nypost.com/2022/09/13/gop-slams-biden-for-out-of-touch-inflation-celebration/

Washington Post - ‘This is your victory,’ Biden celebrates Inflation Reduction Act
https://www.washingtonpost.com/politics/2022/09/13/biden-inflation-reduction-act/

AP News - Driven by consumers, US inflation grows more persistent
https://apnews.com/article/inflation-economy-prices-881c8411bad80180f025e138f0bd444e

CNN - The Fed could crash the housing market
https://www.cnn.com/2022/09/14/investing/premarket-stocks-trading/index.html

NPR - Inflation is crushing rural America and may even drive people to the cities
https://www.npr.org/2022/07/25/1112915507/inflation-rural-america-gas-prices-economy

US JEC - State Inflation Tracker: July 2022
https://www.jec.senate.gov/public/index.cfm/republicans/2022/8/state-inflation-tracker-july-2022

 

SECONDARY TOPIC – MAJOR CREDIT CARDS CREATING A GUN REGISTRY

The Federalist - Credit Card Giants Conspire With Democrats To Monitor Consumer Gun Purchases
https://thefederalist.com/2022/09/12/credit-card-giants-conspire-with-democrats-to-monitor-consumer-gun-purchases/

Axios - Credit card companies to track gun store purchases
https://www.axios.com/2022/09/12/gun-stores-credit-cards-visa-mastercard-american-express

Business Insider - Trucking giant Saia says it will no longer transport firearms that are fully or partly assembled
https://www.businessinsider.com/trucking-company-saia-will-no-longer-transport-guns-firearms-2022-6

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Article Tags
Taxes
Author
Donald Kendal is a graphic designer for The Heartland Institute, a research fellow for Heartland's Socialism Research Center, and the host of Heartland's In the Tank Podcast and Stopping Socialism TV.
dkendal@heartland.org @InTheTankPod
Author
Jim Lakely is the Vice President and Director of Communications of The Heartland Institute.
jlakely@heartland.org @jlakely
Author
Chris Talgo is senior editor at The Heartland Institute and a research fellow for Heartland’s Socialism Research Center.
ctalgo@heartland.org