With over $5 trillion inflation-cutting bill in place, what impact will the bill signed by Biden have on the U.S. economy?

Inflation in the United States has been very serious

Although the economic strength of the United States is still the most developed country in the world, but the U.S. economy has always been problematic, except that the United States through a lot of external contradictions leading to domestic economic contradictions are not prominent enough; but in the first half of this year, Russia and Ukraine erupted into an unregulated conflict. The contradiction between Russia and Ukraine in the first half of this year broke out an irreconcilable contradiction, in which Russia sanctioned the European Union countries through energy exports, leading to a serious energy crisis in the European Union countries, at the same time don't let the world's energy import prices appeared to rise sharply, and the price of a barrel of crude oil even once exceeded 120 U.S. dollars, and naturally affected the U.S. economy, resulting in a serious inflation in the United States.

The U.S. Inflation Reduction Act is more of a cover-up measure

Although the U.S. has recently introduced the Inflation Reduction Act as a means of curbing America's increasingly serious inflation; however, the content of the inflation program can be seen in the U.S. history of increasing the penetration of domestic medical equipment coverage, as well as protecting the Earth's environment and other programs. Earth's environment and other programs to start, but these are not touching the cause of inflation in the United States, more like looking for an external problem, as a way to alleviate to alleviate the most serious domestic inflation in the United States, although it may be effective in a short period of time, but the longer the longer it will be faced with greater problems.

The future of the United States will face serious internal contradictions

While the United States is known as a free and democratic country, but the partisan struggle within the U.S. Congress has been very serious, for example, the recent U.S. Federal Bureau of Investigation surprisingly on the former U.S. President Trump residence to carry out investigations, and involves a lot of political issues and livelihood issues, the United States. If the United States does not want to find a way to solve such a conflict, then the conflict between political parties will be more serious; at the same time, the U.S. domestic state government and the federal government also have no idea of the contradiction, and even some state governments want to be independent; the U.S. residents of the ordinary class and the elite class also has a huge contradiction, so the United States in the future may be facing a serious domestic internal contradiction.