{"id":2012167,"date":"2023-08-25T14:52:02","date_gmt":"2023-08-25T18:52:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-bidens-inflation-reduction-act-is-a-socialist-trojan-horse\/"},"modified":"2023-08-25T14:53:32","modified_gmt":"2023-08-25T18:53:32","slug":"why-bidens-inflation-reduction-act-is-a-socialist-trojan-horse","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-bidens-inflation-reduction-act-is-a-socialist-trojan-horse\/","title":{"rendered":"Biden&#8217;s Inflation Reduction Act: A Socialist Deception"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhy-bidens-inflation-reduction-act-is-a-socialist-trojan-horse%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2012167&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Wealth of Nations:\u2064 A Revolutionary\u200b Work<\/h2>\n<p><span style=\"font-weight: 400\">Adam \u2064Smith\u2019s \u201cThe Wealth of Nations\u201d was published in 1776, the same year \u200das the Declaration of\u200c Independence, and\u2063 it was just as\u2064 revolutionary.\u200d The\u2064 work explains that in a free\u2064 enterprise system the free choice of\u200d the consumer, like the corollary free vote of the citizen, would determine what products would\u200c be produced in the marketplace. Everyone in such\u200b a marketplace was free \u2064to produce,\u200d free to choose, and free to purchase for the benefit of the consumer and to\u2062 the\u200b general benefit and prosperity of the whole\u2063 society. Smith\u2019s revolutionary work did away\u200b with the feudal\u2062 system of having to have a tyrant\u2019s favor to produce goods in the tyrant\u2019s marketplace, for\u200c the\u2064 despot\u2019s \u200b\u201csubjects.\u201d \u2062There was no choice.<\/span><\/p>\n<h2>The Assault on \u2062America&#8217;s Energy Sector<\/h2>\n<p><span style=\"font-weight: 400\">When Joe\u2063 Biden took\u200c office\u200d in January 2021, he\u200d <\/span><a href=\"https:\/\/www.cnbc.com\/2021\/01\/27\/biden-suspends-oil-and-gas-drilling-in-series-of.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">immediately attacked<\/span><\/a><span style=\"font-weight: 400\">  our economy\u2019s energy sector via executive orders, \u200badministrative regulations, and cutting off <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-pledges-to-double-down-on-failing-energy-policies-that-wreck-diplomacy-and-spike-prices\/\" title=\"Biden Pledges To Double Down On Failing Energy Policies That Wreck Diplomacy And Spike Prices\">federal land leases<\/a> for energy exploration and development. \u2063The \u2064effects \u2064of <\/span><a href=\"https:\/\/www.theguardian.com\/us-news\/2021\/jan\/27\/joe-biden-climate-change-executive-orders\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">such an onslaught<\/span><\/a><span style=\"font-weight: 400\">  were predictable. \u200dWhen you make\u200c energy costs higher, every product that is shipped from point A to point B will\u2063 cost more. Every product produced in a plant that uses \u2063electricity will cost \u200dmore. Every service facility, such as hospitals and\u2062 schools, will cost more to operate.<\/span><\/p>\n<h3>The\u2063 Ripple Effect of Higher Energy Costs<\/h3>\n<ul>\n<li><span style=\"font-weight: 400\">The price of a barrel of\u2063 oil, a gallon of\u2062 gas,\u2063 and home heating \u200doil would\u200c all increase.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Inflation rose by 12.7% in\u200c the \u2063first two years of Biden\u2019s presidency.<\/span><\/li>\n<\/ul>\n<h3>The Trojan Horse:\u200b The Inflation Reduction Act<\/h3>\n<p><span style=\"font-weight: 400\">It was equally predictable that the Democratic Party would blame the \u2062increases in costs on \u201cevil\u201d energy \u200dcompanies, and that they would generate a \u201cClimate Bill\u201d to finish the job \u200dof taking command and control of the energy \u2062sector\u2062 to save our economy, having first imperiled it. However, there was \u200done sensible Democratic \u200bSenator, who knew \u2063the bill would increase inflation further, so the\u2062 original \u201cClimate Bill\u201d was sidelined.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the original Climate Bill\u2019s stead, just one year ago, came a Trojan horse called \u201cThe Inflation Reduction Act,\u201d refashioned as a \u201cgift\u201d that would reduce costs\u200c across the economy for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/steve-scalise-blasts-biden-order-allowing-covid-vaccine-to-illegal-immigrants\/\" title=\"Steve Scalise Blasts Biden Order Allowing Covid Vaccine To Illegal Immigrants\">hard-working families<\/a>. In\u200d fact, just as the Greeks fashioned a horse to get\u2064 through the walls of Troy,\u2064 which they could not breach by other means, the Democrats offered this act as a sales\u200c pitch, a fashionable vessel, that \u200bcontained the same regulatory \u200darmies that created the country\u2019s\u2063 runaway\u200c inflation in\u200c the first\u200d place.<\/span><\/p>\n<h3>A Socialist\u200d Takeover in\u2062 Disguise<\/h3>\n<p><span style=\"font-weight: 400\">The Inflation Reduction \u2064Act (IRA) was <\/span><a href=\"https:\/\/www.foxnews.com\/politics\/biden-admits-inflation-reduction-act-less-inflation-originally-sold-americans\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">not passed to reduce inflation<\/span><\/a><span style=\"font-weight: 400\">  nor\u200b was it written to \u2064reduce global warming. Its real \u200bfunction\u2062 is\u2063 to take control of America\u2019s most vital economic sector,\u2063 one that is literally at \u2062the crossroads of the \u2064wealth and prosperity\u2064 of our country. The IRA functions as a means of \u200btransferring power through control of the \u2062energy sector to \u200bthe administrative state, and it functions as a means of transferring wealth to the \u2064Democratic \u2064Party \u200dand their friends and business associates, through\u2062 taxpayer-funded,\u200d stock market-supported, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/why-bidens-inflation-reduction-act-is-a-socialist-trojan-horse\/\" title=\"Biden's Inflation Reduction Act: A Socialist Deception\">alternative energy business start-ups<\/a>.<\/span><\/p>\n<h3>The Strategy: Regulate, \u200dTax, and Control<\/h3>\n<p><span style=\"font-weight: 400\">You use the administrative state to regulate, tax, fine, and persecute the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-bad-star-dean-norris-says-people-complaining-about-high-gas-prices-should-shut-the-fk-up\/\" title=\"\u201cBreaking Bad\u201d Star Dean Norris Says People Complaining about High Gas Prices Should \u201cShut the F**k Up\u201d\">fossil fuels industry<\/a>\u2062 out of business\u2062 while using taxpayer wealth to fund its alternative \u2013 the companies the administrative state and the Democratic Party favor \u2013 with\u200b regulations, \u200cgrants, subsidies, and \u2062tax breaks.<\/span><\/p>\n<h3>The\u2063 Deceptive Title and the Real Intent<\/h3>\n<p><span style=\"font-weight: 400\">Though sold as a simple bill designed to contain inflation, in reality,\u2062 the\u2064 IRA is a textbook example of how to perform a socialist\u200b takeover of an economic \u2062sector. And do note the diversionary title of the Inflation Reduction \u200bAct. If the real intent of the IRA \u200chad been written into the bill and \u2062had to gain the public\u2019s approval to pass Congress, it would\u200c never have passed. Titled\u200c and\u200d sold as a means of curing the problem of inflation the Democratic Party itself created \u2013 it did pass.<\/span><\/p>\n<h3>The Consequences: \u2063Loss of Choice and Higher\u200c Prices<\/h3>\n<p><span style=\"font-weight: 400\">It means that, \u200clike the walls of Troy, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-climate-agenda-wont-replace-jobs-it-seeks-to-kill-separate-ap-wapo-fact-checks-suggest\/\" title=\"Biden\u2019s Climate Agenda Won\u2019t Replace Jobs It Seeks To Kill, Separate AP, WaPo Fact-Checks Suggest\">fossil fuel industry<\/a> is under siege from \u200da disguised, internal enemy. It\u200d means taxpayers will \u200dbe looted of more wealth than the Trojans ever dreamed of, to the\u2062 tune of \u200d$1.4 trillion and counting. It also means another kind\u2064 of plundering \u2013 with government command and control\u200b comes \u2064higher consumer prices \u200bfor\u200d everything. <\/span><span style=\"font-weight: 400\">It \u200cmeans\u200b one political party in alliance with the administrative\u200b state \u200bwill dictate\u200d which companies \u2062can produce what\u2064 products. What is produced that is\u2064 in any way related to\u2064 the energy sector\u200b will need the favor of a new tyrant: The Democratic Party.<\/span><\/p>\n<h3>The \u200bLoss of Consumer Choice<\/h3>\n<p><span style=\"font-weight: 400\">It means that the American consumer will have no choice in what materials are used to build their homes or what type of <\/span><a href=\"https:\/\/www.dailywire.com\/news\/ford-gets-9-2-billion-loan-from-biden-admin-for-ev-battery-factories-biggest-check-since-2009-bailouts\" target=\"_blank\" rel=\"noopener\">car<\/a><span style=\"font-weight: 400\">  they can buy, or what type of <\/span><a href=\"https:\/\/www.dailywire.com\/news\/democrat-official-who-supports-gas-stove-crackdown-has-a-gas-stove-in-his-own-home\" target=\"_blank\" rel=\"noopener\">stove<\/a><span style=\"font-weight: 400\">  to use or what light bulb to\u2064 choose. The American consumer will have as much choice\u2062 as the Trojan slaves \u2062had after the war, when their\u200c masters dictated\u200c what they consumed.<\/span><\/p>\n<h3>Follow\u200d the Money<\/h3>\n<p><span style=\"font-weight: 400\">But they \u200dsay\u2064 the world\u2019s going \u200cto \u2062die! The planet\u2019s burning\u2063 and there is no way off!\u200b We \u2064must do something!<\/span><\/p>\n<p><span style=\"font-weight: 400\">When choosing \u200dwhether to believe a myth or follow the money \u2013\u200d follow the money.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">Richard C. Lyons, author\u2062 of <\/span><\/i><a href=\"https:\/\/www.amazon.com\/DNA-Democracy-Richard-C-Lyons\/dp\/0960072330\/ref=sr_1_1?crid=2YMZDE1WJACY&#038;keywords=dna+of+democracy&#038;qid=1682820028&#038;sprefix=dna+of+democracy,aps,147&#038;sr=8-1\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400\">The DNA of Democracy: Volume I<\/span><\/i><\/a><i><span style=\"font-weight: 400\">  and\u200b <\/span><\/i><a href=\"https:\/\/www.amazon.com\/Shadows-Acropolis-Richard-C-Lyons\/dp\/0997346299\/ref=pd_bxgy_vft_none_img_sccl_1\/133-3675306-0445253?pd_rd_w=2AzPK&#038;content-id=amzn1.sym.26a5c67f-1a30-486b-bb90-b523ad38d5a0&#038;pf_rd_p=26a5c67f-1a30-486b-bb90-b523ad38d5a0&#038;pf_rd_r=CXEQVEV308YHMA6RN7V2&#038;pd_rd_wg=Tfgw1&#038;pd_rd_r=5df3aa2a-5ee5-469c-99f9-21d371581b3f&#038;pd_rd_i=0997346299&#038;psc=1\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400\">Shadows of\u200b the Acropolis: Volume II<\/span><\/i><\/a><i><span style=\"font-weight: 400\">  is a third generation printer, whose early\u2063 career centered on\u2064 religious and special \u200beducation publishing. \u200cLyons has since engaged in literary pursuits as \u200da poet, essayist, screenwriter and indie publisher.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">The views expressed in this piece are those\u2064 of the author and \u2063not \u2063necessarily those of the Daily Wire.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adam Smith&#8217;s &#8220;The Wealth of Nations&#8221; was published in 1776, alongside the Declaration of Independence, and was equally groundbreaking. It asserts that in a free market, consumer choice, akin to a citizen&#8217;s vote, dictates the production of goods and services.<\/p>\n","protected":false},"author":2345,"featured_media":2012168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2012167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2012167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2345"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2012167"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2012167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2012168"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2012167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2012167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2012167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}