My inference is that you think Biden is doing this for political advantage. But why would he think this would help him?
Not tough for me. And judging from the voting on the poll, so far, not tough for a lot of D-leaning folks here. Green values make this move look bad. But Biden is still more green than Trump. Just less green than he was yesterday.
Now consider the % of population impacted by global warming. Now consider the % of thr population impacted by abortions.
Yes, I think this is being done for political advantage. The green new deal people will vote for Biden no matter what. They see how he's flopped to their side on the green new deal and student loans, so they care more about him getting elected than more EV options. Michigan is a critical swing state for Biden, especially with their Muslim community. Biden will do anything to win, and this is blatant pandering to the UAW. He's advertising this as saving American jobs. That's not my take, that's his message.
well, you can certainly negotiate that as a permissible thing under your trade agreements, but until you do...
It takes time for the effects of things like tariffs and massive tax cuts to affect the economy. It's not surprising they hadn't hit yet and then COVID was an event that changed the rules. Inflation was so low because economies shut down during the pandemic. But the forces were still there so when economies started back up it just made what was inevitable even worse.
I don't know how many different ways to say the same thing. He is reacting to what other countries are doing. Trump's first goto was tariffs. He tried nothing else. I actually had nothing against him trying to do something, but his method for it sucked and we've been paying for it ever since (literally). Trump had something that Biden doesn't. He had a Congress that he could have worked with to get a deal done that could have accomplished what he was trying to do without as many of the bad consequences. Biden doesn't have that luxury.
Trump did do something else. The beneficial part of his tax cuts was repatriating corporate cash being held offshore. No matter how that cash was used, it stimulated the economy. The income tax cuts were a waste of time though.
He has United, as much as possible (ok shitsallday, put in your laughing emoji and move on. You never read past the first sentence anyway). He has been able to get bi-partisan legislation passed. You might think it is divided, and it is, but considering you have pretty much all of the GOP actively looking to undermine his administration, even at the expense of their own constituents, the fact that he got anything done is a miracle.
I must have missed the part where they were offering a plan to make American goods more competitive with China. Please, enlighten me on it.
^Truth.
You should be OK then, we haven't seen an annualized inflation rate of 9% or higher since 1980.
Yes they are. Not only cheaper for individual buyers, which is a very important aspect of cheapness, but with ramped up production, you get economies of scale.
Did I say subsidized EVs are cheaper EVs?
That's right. Like everything else, Republicans have no plan and no answers. Next time try reading what I wrote versus just making crap up about it instead.
There’s no way in hell we could make electric vehicles and sell them for $10K no matter how early and how earnestly we had endeavored to do so.
I'm going to do something that I disapprove of when others do it, which is to put words in your mouth. But you really asked for it. Here goes...
How about not borrowing at all.
Krugman is a partisan hack. The tariffs on steel, chips, batteries, rare metals, solar panels, etc. will be felt as soon as the first boat hits the water. This won't help inflation.
It seems like your reading comprehension should be better than this. But for some reason it isn’t.
