Under the so-called Inflation Reduction Act, insurers will reportedly be forced to significantly raise monthly premiums to offset caps on drug prices for Medicare recipients. Since that at this point in the election year would likely move voters from Harris to Trump, the Biden-Harris administration is inventing a taxpayer-funded "demonstration project" to temporarily cover the deficit.
Jason Pierce, former mayor of Eagle, Idaho, expects them to frontload the benefits and hide the pain in every government program from now until the election. But he says that will not keep the hikes at bay forever.
"You've got four years to make things better, and you don't do it," he poses. "And then all of a sudden, it comes election time, and you artificially pump money into things and do stuff which is only going to, in the long term, raise inflation again."
He says the coming headlines touting a growing economy and lower prices will fool a lot of people, but the conservative again asserts that pain is coming down the pike.
"The problem is the average American voters are so busy raising their children and working that they don't have the time to deep dive," says Pierce. "They go by these headlines."
When the bad news finally starts to break, it will come in so slowly that Americans will not know they are in trouble until it is too late.
"The problem is the frog's already dead before he realizes he was boiled," Pierce laments.
So, he urges Republicans to keep hammering on Harris' lousy economic track record and continue to "point out those things that have already happened in the past."
