Former General Auditer of the United States: Senate's "Inflation Act" Act is a political show

Data released on August 4, local time of the US Department of Labor, showed that the number of people applying for unemployment relief in the United States last week continued to rise. As high inflation continues, more and more American people have begun to feel their lives. At the same time, the Senate Democrats recently proposed a proposal about taxation and inflation, but experts said that the proposal has nothing to do with inflation and is completely political.

According to the data released by the Ministry of Labor, in the week of July 30, the number of people applied for unemployment relief for the first time in the United States was 260,000, an increase of 6,000 compared with the previous week. At the same time, as inflation continues to hover at the high point over the past 40 years, the fear of economic recession is spreading to the middle class in the United States.

John Lire, chief economist of Morning Consulting Company in the United States, said that in March and April this year, Americans with an annual income of less than 50,000 US dollars have difficulty paying the basic expenses of each month; and after May, the annual income is about 100,000 yuan. The US dollar group also began to face this problem. People with an annual income of more than 250,000 US dollars will start to start at the end of this year.

In response to the current inflation problem, the Democratic Party of the Senate recently proposed a "inflation reduction bill", which is intended to reduce government debt by increasing taxes and other ways to suppress inflation. However, some experts said that the law of the bill was greater than the profits, and it was a political show.

Former U.S. General Audit David Walker: This is the largest false propaganda I have ever seen. The person who names the proposal "inflation reduction bill" should be ashamed of it. This proposal cannot inhibit inflation. Even at a certain point in the future, we will be forced to increase taxes, and now it is not the right time point. This is completely driven by political interests.

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