Fox Business host: Inflation Reduction Act is “chipping away at capitalism”
Jackie DeAngelis: “Kids growing up today are gonna think having cars are a luxury... And they are going to sort of become resolved to this lower standard of living. What that is, is an indoctrination of socialism.”
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From the August 16, 2023, edition of Fox News' The Faulkner Focus
JACKIE DEANGELIS (FOX BUSINESS HOST): What I think is the most interesting is he basically has sold our energy industry down the river to promote these policies that as you mentioned are benefiting certain companies, certain rich people, benefiting China as well, making a lot of components for this stuff while not paying attention to what's happening here.
To me it's about a larger agenda which is basically we all learn from our parents as we are growing up, right? So what I saw is my standard of living and my sort of normal, right? Kids growing up today are gonna think having cars are a luxury, having air-conditioning or washing machines that actually wash your clothes are a luxury. And they're going to sort of become resolved to this lower standard of living. What that is, is an indoctrination of socialism. To boot, think about what they're learning at school, you put this all together. And these will be the future leaders of America. So they're chipping away at capitalism here through acts like this and the rest of the policies we've seen.