6 ms·

From the article: he had $2.6MM in help from the "American Rescue Plan's Coronavirus State and Local Fiscal Recovery Funds". He's being paid by the government

From the article: he had $2.6MM in help from the "American Rescue Plan's Coronavirus State and Local Fiscal Recovery Funds". He's being paid by the government to bring Internet access to homes in the state that aren't currently wired for it.

qwe----3 4y ago
That bill and these types of projects are basically why we have 10% inflation now.
- LetsGetTechnicl 4y ago
  Inflation isn't at 10% but it seems like investing in infrastructure is a good idea. If we needed to pinch pennies we could start at the bloated military budget
  - _wolfie_ 4y ago
    Right, in the middle of war with Russia and with war with China on the horizon. Great idea.
    - themoonisachees 4y ago
      The US aren't at war with Russia. Sure, they're helping an ally in a De facto war against Russia, but currently the us spends more on "defense" than both Russia and China combined, when it is technically at peace. In case of a war with China, are you expecting the military budget to not increase at all?
      - Thetawaves 4y ago
        How do you stay at peace? A strong deterrence.
        pessimizer 4y ago
        The US has the strongest deterrence in the history of the world, and it's constantly at war.
    - LetsGetTechnicl 4y ago
      Wars we've provoked/are provoking but that's not a discussion relevant to the original submission
    - vaidhy 4y ago
      When is the time US has not been at war? Maybe, we are inverting cause and effect here.. US is always at war because the budget allows for it?
      - 2Gkashmiri 4y ago
        Say it this way. Tomorrow if the american security /defence budget was cut to 0, do you think the rest of the world will storm/attack Americans because they have an eternal blood thirst for them? Don't they have their own problems to deal with? This is the problem with mitary and security infra of any country. They keep the bogeyman alive because their paychecks depend on it.
        Thetawaves 4y ago
        This is literally exactly what would happen. It need not be blood thirst motivation; simple profit dynamics are enough to ensure this outcome.
        2Gkashmiri 4y ago
        keep on dreaming
        Thetawaves 4y ago
        Good thing you will never find out.
- kombucha13 4y ago
  That doesn't make any sense.
- lambdas 4y ago
  Damn, this project is even hurting me in the UK then because we're also at 10%. Curse you Jared.
- cgeier 4y ago
  How does spending a lot of government money make goods and service more expensive? EDIT: At least here in Western Europe, we mostly have a supply side inflation, because energy got a lot more expensive, not because the government has been "printing" a lot of money. I suspect it's the same in the US.
  - failrate 4y ago
    It does not unless that money is spent competing with businesses and citizens for resources. However, in this case the money had already been earmarked for rural internet service and is not being used to purchase goods and services that citizens would be buying instead.
  - pwinnski 4y ago
    Yes, inflation is currently a world-wide issue, and explanations at the world level lead somewhat obviously to the pandemic and Russia's invasion of the Ukraine. But here in the USA, people like to believe it must be political and local, completely unrelated to the totally-coincidental worldwide issue that happens to be very similar.
    - Bloating 4y ago
      >But, here in the USA people like to believe it must be political... Cool, whats your prognoses for effectiveness of the Reduce Inflation Act
      - pwinnski 4y ago
        I'm in favor of the bill, but the name is stupid, even misleading. The spending is largely good, but it won't have much effect on inflation, if any.
  - h1fra 4y ago
    Actually Europe has been printing a lot of money by having less than 0% interest rate for loan. Current inflation is due to many factor, some estimate it has been slowly growing since 2008, plus covid where we printed money to just to keep business alive, plus negative interest rate that allowed countries to loan too much, etc... But I suspect that subsidies for infrastructure is one of the least impactful factor for inflation.
- Tostino 4y ago
  Yeah I'm sure this is the exact US "government waste" driving the global inflation right now.
Bloating 4y ago
Gotta pay your fair share, so it can be granted out for someone elses gain
- beeboop 4y ago
  Are you also concerned about your tax dollars paying for roads in the next neighborhood over?
  - Bloating 4y ago
    The neighborhood developer paid for that. The roads connecting, donated many many years ago by the landowners at that time
    - bell-cot 4y ago
      Ah! - so the next neighborhood over has all-private roads, and the homeowners association there (not the government) pays for all snow plowing, crack & pothole patching, repaving, storm sewer work, etc. that might be needed?
      - hcurtiss 4y ago
        I get the point you're making, but to the facts, that is quite literally how many subdivisions work, and least in the western US.
        bell-cot 4y ago
        In my corner of Michigan, there seems to be a very clear dichotomy on this: - Private developer builds a sprawling subdivision with plenty of nice wide roads and lots. (So a very large area of pavement per tax-paying property.) And turns the whole thing over to the city/village/township, to be their public road budget black hole forever more. - Private developer builds a very compact little development, with houses (or condo's) packed in like sardines along a rather narrow and minimalist Private Road.
      - 4y ago

qwe----3 4y ago

That bill and these types of projects are basically why we have 10% inflation now.

LetsGetTechnicl 4y ago
Inflation isn't at 10% but it seems like investing in infrastructure is a good idea. If we needed to pinch pennies we could start at the bloated military budget
- _wolfie_ 4y ago
  Right, in the middle of war with Russia and with war with China on the horizon. Great idea.
  - themoonisachees 4y ago
    The US aren't at war with Russia. Sure, they're helping an ally in a De facto war against Russia, but currently the us spends more on "defense" than both Russia and China combined, when it is technically at peace. In case of a war with China, are you expecting the military budget to not increase at all?
    - Thetawaves 4y ago
      How do you stay at peace? A strong deterrence.
      - pessimizer 4y ago
        The US has the strongest deterrence in the history of the world, and it's constantly at war.
  - LetsGetTechnicl 4y ago
    Wars we've provoked/are provoking but that's not a discussion relevant to the original submission
  - vaidhy 4y ago
    When is the time US has not been at war? Maybe, we are inverting cause and effect here.. US is always at war because the budget allows for it?
    - 2Gkashmiri 4y ago
      Say it this way. Tomorrow if the american security /defence budget was cut to 0, do you think the rest of the world will storm/attack Americans because they have an eternal blood thirst for them? Don't they have their own problems to deal with? This is the problem with mitary and security infra of any country. They keep the bogeyman alive because their paychecks depend on it.
      - Thetawaves 4y ago
        This is literally exactly what would happen. It need not be blood thirst motivation; simple profit dynamics are enough to ensure this outcome.
        2Gkashmiri 4y ago
        keep on dreaming
        Thetawaves 4y ago
        Good thing you will never find out.
kombucha13 4y ago
That doesn't make any sense.
lambdas 4y ago
Damn, this project is even hurting me in the UK then because we're also at 10%. Curse you Jared.
cgeier 4y ago
How does spending a lot of government money make goods and service more expensive? EDIT: At least here in Western Europe, we mostly have a supply side inflation, because energy got a lot more expensive, not because the government has been "printing" a lot of money. I suspect it's the same in the US.
- failrate 4y ago
  It does not unless that money is spent competing with businesses and citizens for resources. However, in this case the money had already been earmarked for rural internet service and is not being used to purchase goods and services that citizens would be buying instead.
- pwinnski 4y ago
  Yes, inflation is currently a world-wide issue, and explanations at the world level lead somewhat obviously to the pandemic and Russia's invasion of the Ukraine. But here in the USA, people like to believe it must be political and local, completely unrelated to the totally-coincidental worldwide issue that happens to be very similar.
  - Bloating 4y ago
    >But, here in the USA people like to believe it must be political... Cool, whats your prognoses for effectiveness of the Reduce Inflation Act
    - pwinnski 4y ago
      I'm in favor of the bill, but the name is stupid, even misleading. The spending is largely good, but it won't have much effect on inflation, if any.
- h1fra 4y ago
  Actually Europe has been printing a lot of money by having less than 0% interest rate for loan. Current inflation is due to many factor, some estimate it has been slowly growing since 2008, plus covid where we printed money to just to keep business alive, plus negative interest rate that allowed countries to loan too much, etc... But I suspect that subsidies for infrastructure is one of the least impactful factor for inflation.
Tostino 4y ago
Yeah I'm sure this is the exact US "government waste" driving the global inflation right now.

Bloating 4y ago

Gotta pay your fair share, so it can be granted out for someone elses gain

beeboop 4y ago
Are you also concerned about your tax dollars paying for roads in the next neighborhood over?
- Bloating 4y ago
  The neighborhood developer paid for that. The roads connecting, donated many many years ago by the landowners at that time
  - bell-cot 4y ago
    Ah! - so the next neighborhood over has all-private roads, and the homeowners association there (not the government) pays for all snow plowing, crack & pothole patching, repaving, storm sewer work, etc. that might be needed?
    - hcurtiss 4y ago
      I get the point you're making, but to the facts, that is quite literally how many subdivisions work, and least in the western US.
      - bell-cot 4y ago
        In my corner of Michigan, there seems to be a very clear dichotomy on this: - Private developer builds a sprawling subdivision with plenty of nice wide roads and lots. (So a very large area of pavement per tax-paying property.) And turns the whole thing over to the city/village/township, to be their public road budget black hole forever more. - Private developer builds a very compact little development, with houses (or condo's) packed in like sardines along a rather narrow and minimalist Private Road.
    - 4y ago