Author Topic: Ex-Biden Lackey Tells CNBC: To Fix Inflation, Ditch Fossil Fuels And Boost Green Spending  (Read 321 times)

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Offline rangerrebew

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Ex-Biden Lackey Tells CNBC: To Fix Inflation, Ditch Fossil Fuels And Boost Green Spending
by Tom Olohan  4 hours ago

Heritage Foundation economist E. J. Antoni quickly set a former Biden official straight after she tried to promote spending on green energy as a solution to economic woes. [emphasis, links added]

During a July 12 segment on CNBC’s Squawk Box, Jennifer Harris, the director of the Hewlett Foundation’s Economy and Society Initiative, lauded massive government spending on “cleaner energy sources” as a potential cure for inflation. Notably, she previously served in the Biden Administration.


Despite claiming her position was not for the government to “get woke on climate,” Harris said:

“At least energy is…moving to a set of cleaner energy sources for the grid that, not for nothing, don’t have the kind of inflationary channels that oil and gas do. We had a moment in the [Inflation Reduction Act] and in the other public investments that we’ve had, to sever some of these traditional channels for inflation.”

https://climatechangedispatch.com/ex-biden-lackey-tells-cnbc-to-fix-inflation-ditch-fossil-fuels-and-boost-green-spending/
abolitionist Frederick Douglass: “Power concedes nothing without a demand. It never did, and it never will.”

Offline rangerrebew

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i love the economic logic here.  If you're low on revenue, spend more money on something worthless. :shrug:
abolitionist Frederick Douglass: “Power concedes nothing without a demand. It never did, and it never will.”