The Most Fresh & Cordial Political Thread Ever

[Darrell Green Fan]

Originally Posted by nonniey

I said accelerated which means inflation was already occurring and any economist will tell you that the Inflation Reduction Act contributed to the increase in the inflationary rate (In fact none of it was designed to lower inflation the name was pure propaganda).

As for the ACA it was those above that 58K and 78K threshold to about the 90k area that had been paying for insurance previously but were knocked off when they no longer could afford it. There were winners and losers in ACA. and the biggest losers came from the middle class.

But that's now what you said. You referenced lower and middle class earners who could not qualify for the ACA. $58 grand is not lower class. It's firmly middle class and which starts at $43,350 as defined by the Pew Research Center. Safe to say there are tens of millions of Americans who earn below $58 grand, which includes lower and middle class earners, who most definitely qualify for the ACA.

Of course there will be "experts" who claim the Inflation Reducton Act actually increased inflation. It was enacted late in 2022. Inflation went from 9.84 in '22 to 4.06% in '23. Today it sits at 2.9%

Where I come from that's called scoreboard. It worked, obviously.