If you want a window into the utter incompetence of the Biden administration, look no further than Tuesday’s celebration of the Inflation Reduction Act.

Some genius at the White House decided it would be a brilliant idea to gather thousands of supporters for a big party on the South Lawn to celebrate the law on the exact day new inflation figures came out. Just hours before the event, we learned that inflation hit 8.3% in August — prompting the Dow Jones industrial average to nosedive more than 1,200 points, the market’s biggest one-day collapse in more than two years.
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