The Federal Reserve hiking interest rates by three-quarters of a percentage point on Wednesday is more evidence the Fed was asleep at the wheel on inflation and is whiplashing America into a deep recession.
Adding insult to inflation injury, Sen. Joe Manchin today also whiplashed America, reportedly caving to Senate Majority Leader Chuck Schumer in a deal to hike corporate taxes and create a Green New Deal slush fund. Manchin had earlier this month vowed to stand up to his party and protect America’s job creators and suppliers from tax hikes.
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