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The Inflation Reduction Act addresses climate crisis. As much as good be accomplished, considering the opposition's intransigence. So there's much more left to
by specialist 4y ago
The Inflation Reduction Act addresses climate crisis. As much as good be accomplished, considering the opposition's intransigence. So there's much more left to do, of course.
Dave Roberts has a bunch of great explainers:
https://podcasts.apple.com/us/podcast/david-roberts-on-the-passage-of-the-inflation-reduction-act/id1469270123?i=1000576284142 https://podcasts.apple.com/us/podcast/david-roberts-on-the-p...
- phpisthebest 4y agoWell it certainly does not reduce inflation. However do you have a WRITTEN explanation as to you you think that debt fueled hundreds of billion dollar corporate wellfare transfer from future unborn workers to today's very profitable mega corporations somehow addresses "the climate crisis"
- specialist 4y agoApologies, I should have cited the source. https://www.volts.wtf/p/the-inflation-reduction-act-everything https://www.volts.wtf/p/the-inflation-reduction-act-everythi... Plenty of transcripts. > debt fueled hundreds of billion dollar corporate wellfare I get it. However... I'm totally on board with government investment and industrial policy. Like The New Deal, race to the moon, highways, waterworks, etc. IRA, by any other name, is industrial policy and massive investment. IRA is about 1/3rd the scope of Build Back Better. Pretty much cut & paste. All the programs they could sneak thru reconciliation, because of stupid Senate budget rules. There's always objectionable specifics. Like the carve out for Manchin's new pipelines. But that's politics. And they're a tiny fraction of the whole.