The establishment media and the Democratic party are once again saying the quiet part loud — in this case extremely loud.
In a Bloomberg article, writers Akshat Rathi and Jennifer A. Dlouhy have documented for the world, in great detail, the aggressive, systematic, concerted efforts of billionaire Bill Gates, establishment Democrats, lobbyists and radical far-left extremists to change the mind of a U.S. Senator and cause him to not only vote in favor of the “Inflation Reduction Act of 2022” but even take the lead on it.
The article began by explaining that in July, Gates picked up a phone and reportedly coached Senate Majority Leader Chuck Schumer of New York.
“[Schumer] said to me on one call that he’d shown infinite patience,” Gates explained to Bloomberg, “You’re right,” Gates told Schumer. “And all you need to do is show infinite plus one patience.”
Gates was addressing Schumer’s frustrations with Manchin over the West Virginia Democrat’s continued disagreement with his party over the massive expenditure during an inflationary crisis.
The article then goes on to describe “an ad hoc group of quiet Manchin influencers” who began to focus their efforts: “Collin O’Mara, chief executive officer of the National Wildlife Federation, recruited economists to assuage Manchin’s concerns — including representatives from the University of Chicago and the Wharton School of the University of Pennsylvania. Senator Chris Coons of Delaware brought in a heavyweight: former Treasury Secretary Lawrence Summers.”
The economists were reportedly able to “send this signal that [the bill’s] going to help with the deficit,” O’Mara told Bloomberg. “It’s going to be slightly deflationary and it’s going to spur growth and investment in all these areas.”
This is in spite of The University of Pennsylvania’s Wharton School’s preliminary analysis of the Inflation Reduction Act determining the act would actually increase inflation.
“The Act would very slightly increase inflation until 2024 and decrease inflation thereafter. These point estimates are statistically indistinguishable from zero, thereby indicating low confidence that the legislation will have any impact on inflation,” the Penn Wharton budget model determined.
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