Biden threw a couple billion dollars of that climate change money to GM to develop an EV car, which anyone working in GM or even living in Michigan will tell you is not gonna happen lmao. All while banning foreign Chinese EVs from competing because of “safety” and “market protections”.
This is sort of a standard talking point to use to attack the IRA’s climate actions. It is true, and it sounds bad, and so by telling up this little anecdote about one particular thing it did, you can spin up a picture that aligns with how you want people to see the whole of the act, without asking the question, how big a percent of the whole was that “couple billion dollars”, and how effective was the rest of it?
To me, the most important thing is, “What will this do to emissions?” Everything else is bullshit. If it reduces the amount by which we’re killing the planet, I don’t care if some money goes to GM or whatever else.
"The research teams found that the IRA will dramatically cut U.S carbon emissions, with economy-wide emissions reductions between 43 and 48% below 2005 levels by 2035, but not enough to reach 50% below peak levels by 2030, as the U.S. has pledged. The results were published in the journal Science on June 29.
“‘IRA doubles the pace of reductions but should have tripled it to hit our 2030 climate goals and get on the path to net-zero by 2050,’ Jenkins says."
It’s the first time in US history that anyone’s ever done something that significant. Is it enough? Fuck no. Does it include a bunch of gifts to huge corporations? I’m sure it does. It is worth remembering that all that money came from the corporations in the first place, in the form of increased taxes, so it’s not as much of a grift as normal DC nonsense is. But it’s definitely not a fake, although it’s easy to grab individual parts of it that make it sound like it is and spin them up and poo poo the whole thing.
Biden was a downgrade from Obama, and people already called Obama a coconut for his rather insane war crime history and ICE enforcement.
Y’all don’t remember what it was like before the ACA. Also, I know two people personally who were only not deported because of Obama’s immigration reforms. One is here (for now) on DACA, and one was actually caught right before 2009 and was fighting his deportation when Obama came in, and Obama’s reforms slowed down the process enough that long story short he was able to stay in the country.
I’m sure people were calling Obama a coconut. You also don’t remember Clinton. For anyone who is paying attention, the arc Clinton -> Obama -> Biden is very obviously leftward. But, most people in the US don’t really look at politics in terms of paying attention, it’s all just confident assertion and little turns of phrase like “coconut” and then you sit back all proud of yourselves.
When was the last time Obama raised corporate tax by a trillion dollars?
This is sort of a standard talking point to use to attack the IRA’s climate actions. It is true, and it sounds bad, and so by telling up this little anecdote about one particular thing it did, you can spin up a picture that aligns with how you want people to see the whole of the act, without asking the question, how big a percent of the whole was that “couple billion dollars”, and how effective was the rest of it?
To me, the most important thing is, “What will this do to emissions?” Everything else is bullshit. If it reduces the amount by which we’re killing the planet, I don’t care if some money goes to GM or whatever else.
Here’s the impact on emissions:
https://www.princeton.edu/news/2023/07/12/new-study-evaluates-climate-impact-ira
"The research teams found that the IRA will dramatically cut U.S carbon emissions, with economy-wide emissions reductions between 43 and 48% below 2005 levels by 2035, but not enough to reach 50% below peak levels by 2030, as the U.S. has pledged. The results were published in the journal Science on June 29.
“‘IRA doubles the pace of reductions but should have tripled it to hit our 2030 climate goals and get on the path to net-zero by 2050,’ Jenkins says."
It’s the first time in US history that anyone’s ever done something that significant. Is it enough? Fuck no. Does it include a bunch of gifts to huge corporations? I’m sure it does. It is worth remembering that all that money came from the corporations in the first place, in the form of increased taxes, so it’s not as much of a grift as normal DC nonsense is. But it’s definitely not a fake, although it’s easy to grab individual parts of it that make it sound like it is and spin them up and poo poo the whole thing.
Y’all don’t remember what it was like before the ACA. Also, I know two people personally who were only not deported because of Obama’s immigration reforms. One is here (for now) on DACA, and one was actually caught right before 2009 and was fighting his deportation when Obama came in, and Obama’s reforms slowed down the process enough that long story short he was able to stay in the country.
I’m sure people were calling Obama a coconut. You also don’t remember Clinton. For anyone who is paying attention, the arc Clinton -> Obama -> Biden is very obviously leftward. But, most people in the US don’t really look at politics in terms of paying attention, it’s all just confident assertion and little turns of phrase like “coconut” and then you sit back all proud of yourselves.
When was the last time Obama raised corporate tax by a trillion dollars?