5 ms·

Inflation Reduction Act is one of the big ones.

by lamp_book 2y ago

skellington 2y ago
[flagged]
- gregable 2y ago
  It was a massive climate change investment.
  - SV_BubbleTime 2y ago
    Remind Americans their climate change is better when they are paying at the grocery store. Edit: Yea. That’s what I thought.
  - dadjoker 2y ago
    You say that like it’s a good thing.
  - justinhj 2y ago
    Did the climate stop changing?
  - dham 2y ago
    The only thing that's going to solve climate change is technology. It's the same technology we've had since the 50's. Not turning off our lights, setting the AC to 80, drinking through paper straws, or clearing thousands of acres for solar panels.
    - margalabargala 2y ago
      Assuming you're talking about nuclear, why do you think it would be cheaper/faster/easier/etc to decarbonize with nuclear than with solar + battery?
      - dham 2y ago
        Solar is faster in the short term (because people think it's somehow "clean") but not sustainable in long term. It requires too much land and upkeep for not great output. It would be better to go all in on nuclear and surrounding technologies and solve energy once and for all.
        margalabargala 2y ago
        I disagree. I'm willing to reconsider though. Here's what I think. Solar is immensely cheap to the point where it's often cheaper than arbitrary other surfaces. Their maintenance is very low, much more so than nuclear. And land is not an issue for the US or China, the two places where decarbonizing energy is most important. Both have massive swaths of desert that is uninhabited, and where the addition of shade will likely net benefit the local ecosystem. I agree that solar panel creation produces a fair amount of pollution, but then, so does nuclear power generation. In both cases this can and should be dealt with safely.
- ajross 2y ago
  Current YoY CPI inflation is at 3%, barely over the long term average, down from a peak of 8-9% before the IRA passed. It's very possible to construct an argument (certainly I'd believe it) that it didn't actually affect inflation per se and that the inflation burst was transient and would have subsided anyway. It's absolutely not correct to say inflation wasn't "addressed".
  - TylerE 2y ago
    The problem is some how a large swath of the general public thinks that lower inflation means lower prices. That obviously doesn’t math.
    - kelipso 2y ago
      Inflation can be addressed when my salary goes up the same ratio as perceived inflation lol. And perceived inflation over the last two years is like 50%, and that's being conservative.
      - ajross 2y ago
        > Inflation can be addressed when my salary goes up the same ratio as perceived inflation lol. Has it not? Mine has. Wages as a whole have. In fact wage growth has been historically robust for the last decade or so. Here's a FRED graph for "median usual weekly real[1] earnings", which correlates well to the kind of working class argument people usually make in this space: https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q Note how it has been going inexorably upwards since 2014 or so, and in fact the inflation burst turns out to be the correction to a very rapid spike in wages (due to pandemic assistance) that only corrects downward to the upward curve. I really wish people who wanted to argue about inflation would do it with more numbers and less "lol". [1] "Real" means "inflation adjusted" in this context
        kelipso 2y ago
        Lol. You have, what, a 12% increase in salary according to that chart (followed by around 5% dropoff lol) compared to more than 50% perceived inflation. I don't think I need to make any more arguments after that.

Inflation Reduction Act is one of the big ones.

skellington 2y ago

[flagged]

gregable 2y ago
It was a massive climate change investment.
- SV_BubbleTime 2y ago
  Remind Americans their climate change is better when they are paying at the grocery store. Edit: Yea. That’s what I thought.
- dadjoker 2y ago
  You say that like it’s a good thing.
- justinhj 2y ago
  Did the climate stop changing?
- dham 2y ago
  The only thing that's going to solve climate change is technology. It's the same technology we've had since the 50's. Not turning off our lights, setting the AC to 80, drinking through paper straws, or clearing thousands of acres for solar panels.
  - margalabargala 2y ago
    Assuming you're talking about nuclear, why do you think it would be cheaper/faster/easier/etc to decarbonize with nuclear than with solar + battery?
    - dham 2y ago
      Solar is faster in the short term (because people think it's somehow "clean") but not sustainable in long term. It requires too much land and upkeep for not great output. It would be better to go all in on nuclear and surrounding technologies and solve energy once and for all.
      - margalabargala 2y ago
        I disagree. I'm willing to reconsider though. Here's what I think. Solar is immensely cheap to the point where it's often cheaper than arbitrary other surfaces. Their maintenance is very low, much more so than nuclear. And land is not an issue for the US or China, the two places where decarbonizing energy is most important. Both have massive swaths of desert that is uninhabited, and where the addition of shade will likely net benefit the local ecosystem. I agree that solar panel creation produces a fair amount of pollution, but then, so does nuclear power generation. In both cases this can and should be dealt with safely.
ajross 2y ago
Current YoY CPI inflation is at 3%, barely over the long term average, down from a peak of 8-9% before the IRA passed. It's very possible to construct an argument (certainly I'd believe it) that it didn't actually affect inflation per se and that the inflation burst was transient and would have subsided anyway. It's absolutely not correct to say inflation wasn't "addressed".
- TylerE 2y ago
  The problem is some how a large swath of the general public thinks that lower inflation means lower prices. That obviously doesn’t math.
  - kelipso 2y ago
    Inflation can be addressed when my salary goes up the same ratio as perceived inflation lol. And perceived inflation over the last two years is like 50%, and that's being conservative.
    - ajross 2y ago
      > Inflation can be addressed when my salary goes up the same ratio as perceived inflation lol. Has it not? Mine has. Wages as a whole have. In fact wage growth has been historically robust for the last decade or so. Here's a FRED graph for "median usual weekly real[1] earnings", which correlates well to the kind of working class argument people usually make in this space: https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q Note how it has been going inexorably upwards since 2014 or so, and in fact the inflation burst turns out to be the correction to a very rapid spike in wages (due to pandemic assistance) that only corrects downward to the upward curve. I really wish people who wanted to argue about inflation would do it with more numbers and less "lol". [1] "Real" means "inflation adjusted" in this context
      - kelipso 2y ago
        Lol. You have, what, a 12% increase in salary according to that chart (followed by around 5% dropoff lol) compared to more than 50% perceived inflation. I don't think I need to make any more arguments after that.