Thanks for the substantive response Blackman. I'm going to reply Hedonist Style! I'm even going to use blue print. I'll rearrange your words so I can cover one topic at a time.
I personally disagree with you. Making some semi-conductors at home is a necessity.
That was a bipartisan bill. I don't know the details. I suspect it's a pork laden POS. And some of it has the potential to turn out like the support the Obama administration provided Solyndra - money flushed down the toilet. Instead of doling money and subsidies out to special interests who are supporting the Senators and Congressmen who voted for the bill, how about fighting the Asians with their own medicine? Thailand and Vietnam would provide, say, 10 year tax free holidays to companies that set up plants like these, and then perhaps another 10 years at a 50% tax rate. Do something similar for extraction and processing of rare earth elements. There was one leader in Congress who had the smarts to promote something like this, Paul Ryan. Unfortunately, he's gone, replaced by Nancy Pelosi.
Expanding broadband internet beyond the large cities is a necessity.
Why? Because rural areas exert outsized power in the Senate? The private sector should do this.
Some action on Climate and clean energy is a necessity.
The pork laden and ridiculously named "Inflation Adjustment Act" did a poor job of this. Our federal government does a poor job of picking winners and losers. This bill does provide upper middle class Americans $7500 tax credits for buying electric vehicles, and they'll have the smug satisfaction of driving electric cars that they think will save the environment. Perhaps they're unaware that manufacturing electric vehicles (EV's) generates 70% more carbon than manufacturing internal combustion vehicles (ICV). And they'll need to drive the vehicle for 68,000 miles to leave a similar carbon footprint as an ICV, assuming they don't have to replace the batteries.
And just how much difference will the Inflation Adjustment Act make in worldwide carbon emissions over the long haul? Reduce them by maybe a percent or two? Not enough to do any good whatsoever with global warming. The USA currently accounts for 15% of global carbon emissions, and that number will go down radically with the years as developing countries account for more and more of the world's carbon emissions.
If you want to do something about carbon emissions, then the way to do it is with a reasonable, logical carbon tax, levied on whoever burns the fuel. If we're going to put an extra tax on cigarettes and alcohol, maybe a reasonable carbon tax makes sense. You're not picking winners and losers and handing out money to constituencies and special interest favored by the Congressmen who vote for the bill. The Democrats were toying with a carbon tax to get the BBB bill over the goal line, and would have passed one if not for Joe Manchin. However, it was designed solely by the environmentalists and not logical. It would have shut down U.S. exports of coal, oil and natural gas. That wouldn't have done jack to reduce carbon emissions, as countries like Russia, Australia, and Saudi Arabia would have made up the shortage. You think Europe is over a barrel right now because Putin shut off their gas, imagine where it would be without our LNG.
Minimal tax on businesses is a necessity.
Yes, I agree. That's why the Republican's lowering of the 35% federal corporate income tax rate to 21% was a great thing. We were uncompetitive at 35%. Why don't we have advanced chipmaking plants here in the USA? Well, one reason was an income tax system that was uncompetitive with the Asian's.
Taking care of soldiers is a necessity.
This is Democratic Party propaganda. They're running ads right now telling prospective voters than Republicans want to do away with Veterans benefits, along with social security and Medicare. The Republicans slowed down recent legislation benefitting a small percentage of veterans for the purpose of eliminating pork. They didn't stop it. I believe they ended up voting for it.
Giving away free money and exorbitant unemployment benefits started under Trump along with flat payments. Putting that on Biden and democrats is just untrue. And before you go claiming pork or set asides or whatever, the republicans could have passed pork free versions of any of the above legislation when they had congress but they didn’t, because they didn’t care to do so.
The COVID stimulus and unemployment benefits were bipartisan. Who prevented Pelosi and Trump from sending out $2,000 COVID checks to most American adults and children in December, 2020? Answer: Senate Republicans. When it was obvious that the American Rescue Plan was going to supercharge inflation, because we were going to shell out much more than the output gap created by COVID, when Larry Summers was shouting from the rooftops, "Don't Do It!", who voted against the bill?
Every Republican Senator and Congressman, that's who.
I don't recall any bills passed for the main purpose of doling out pork during the Trump administration. I'll admit though giving tax breaks to businesses with lots of depreciable property and lots of employees, instead of treating them equally, was not the Republicans finest moment. The infrastructure act, chip bill, and Inflation Reduction Act seem to me to be primarily designed to spread the pork around.
If you want a version of legislation that you like or encompasses your vision of how things should be, pass it. Don’t sit around and wait for the other side to do so and whine about it.
Our federal government squanders our money.
Doing nothing is a great alternative.
None of the problems democrats claim to want to address in their legislation just came into existence. They were around for decades. They were the only ones to try and address them. And they did, in their way.
What exactly did they fix? We would have been better off without the two bills they passed without Republican support.
You can dislike aspects of the legislation passed but claiming we’re better off doing nothing is silly. That’s how we end up with falling bridges terrible roads. Infrastructure was a necessity. Republicans could have done the same, but could get their heads outta their asses to do it. Trump claimed to be able to get the greatest infrastructure in the world and provided along with his congress ZERO solutions, but he did build about 30 miles of fencing that a 12 year year old with a ladder could circumvent.
I like to cite the example of my city buying buses with federal money that no one rides. Money spent on infrastructure is best raised and spent closest to the people. That means at the local and state level. We end up with things we really need, and the money is spent more efficiently. Now if the pork laden, bipartisan infrastructure bill helps with our air traffic control system and interstate highway system, I'm all for that part of the bill.
Trump had 104 weeks that he could have had the republicans create an infrastructure bill and a replacement for the ACA. [Republicans] railed against the ACA for 7 years prior to that and came up with ZERO alternative solutions.
Health care in America is a bipartisan failure. We spend almost 18% of GDP on health care! Absolutely ridiculous! This may bankrupt the country. ACA doubled down on a failed system. I give Republicans and Democrats "0" credit for doing anything about health care. Well, maybe I do give the Democrats credit for negotiating Medicare drug costs in the Inflation Reduction Act.