Hey everybody, 10 Charlie Kirk show an economics focused episode ESG the inflation reduction act the IRS going through with guns

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So inflation reduction act the hiring of 87,000 new IRS agents.

It didn't really get a lot of coverage Joe Biden signed it into law yesterday.

With us right now is someone who I really respect and he's an expert of all things economics David Bonson is the founder and partner and chief investment officer of the Bonson group

And author of the book there's no free launch 250 economic truths and you just launched a free online video series economics 101 at Bonson.com

Dave welcome back to the Charlie Kirk show. Thanks for having me Charlie.

So Dave tell us about the inflation reduction act will it reduce inflation or is this another or well in curveball thrown by our politicians.

Yeah, it's a good thing the bill doesn't have anything about false advertising because this is really as Bernie Sanders said.

And I'm not sure if it's a good thing to have a third to call it an inflation reduction act. I'm not one who thinks there's a whole out it's going to be doing to make the inflation worse because it really almost does nothing at all except for ad IRS agents.

It's much more of an or well in bill than it is economic.

Even the climate issues there is about 300 400 billion of corporate welfare to green energy companies, but mansion to get his vote also agreed for more permanent approvals for oil and gas companies.

So even the greenies and the Democratic party proved to be a cheap date. It's really a disaster of a bill and the IRS agent issue is the primary thing stayed in it.

It's really interesting to me. So you're right and I didn't realize it to you just said it. So the green energy kind of cabal they get some funding, but it's also it if they really hate fossil fuels but mansion got his thing.

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