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President Biden's Infrastructure Plans

Is when someone uses an 'expert' to disprove a widely accepted fact among experts... like using a biologist's belief to disprove evolution.
Part of the reason why we have high inflation right now is that there was a lot of money distributed to people in 2020 - expanded unemployment, stimulus checks, paycheck protection plan that was rife with abuse. These programs were necessary but should have probably been discontinued sooner than they were. In any case, it resulted in more money chasing - due to pandemic - fewer goods and services. Result: inflation.
Okay, so unemployment now causes inflation? The inflation is due to supply chain issues. Our global ... read that GLOBAL infrastructure was scaled for a certain level of economic activity. There was a sharp decline and then sharp increase in economic activity, both of which our GLOBAL system is not remotely capable of handling. I bought carpet recently... not a good time to as carpet pricing has gone up several times in the past year. And that isn't because someone got a $2400 check to help make up for the massive drop in economic activity for a couple quarters in 2020.

We are seeing price increases in large items that require materials and shipping. This is where we are seeing the kink in the system, which is leading to higher prices, like how shipping across the Pacific, which is up over 400%.

Now we have $1.2T for infrastructure, which is good and necessary, to add to the money flooding the economy. We should not add to it by expanding entitlements and giving blue state rich a huge (and regressive) tax break.
That "tax break" existed until Trump removed it. It is also a bunch of BS to say it is "Blue State", because the "Red States" benefit from lower real estate prices for homes of similar types. The reduction in the tax break didn't impact Red State wealthy people as much as Blue State wealthy people, and that was intentional.
 
GOP senators appalled by 'ridiculous' House infighting | TheHill
Republican senators are expressing shock and disbelief that conservative allies of former President Trump in the House threatened to strip colleagues who voted for the $1 trillion infrastructure bill of their committee assignments.

The incredulous reactions of Republican senators to a motion filed in the House to boot Rep. John Katko (N.Y.) from his position as the top-ranking Republican on the House Homeland Security Committee because of his vote for the infrastructure bill reveal the chasm that is opening up between the Senate and House GOP conferences.

The GOP Senate and the QOP House are, nominally, elected by the very same people. Yet now there is a palpable mismatch between even these bodies! Further example, IMO, that "Republican" partisan politics have exceeded all degrees of inanity.

This mismatch is partly due to an effect I call double (or even trouble triple -- typing aphasia! ) gerrymandering. Briefly, a perfect gerrymander converts 51% into 100%; which is a doubling of political power. In practice a 54% --> 81% would delight, yet is only 1.5X. But in practice a vocal minority can get a doubling or tripling of power right at the primary stage. Over a 2-stage election, a Quadrupling of political power — or worse — is easily achieved. A large majority of Eligible U.S. voters are mystified and annoyed by all the politics, yet US can't break out of this unGodly rut. And among the 15% of Americans so intent on the news, most are not nearly as well-informed as they think.

House Minority Leader Kevin McCarthy is filibustering the vote the old-fashioned way: talking and talking and talking.

I am not a Parliamentarian but I believe the Speakeress can order him to stifle. If Kevvie refuses, have him placed in a pillory, with an iron stake driven through his mouth if he continues to utter heresies inanities.

Then I clicked +QUOTE on the next post, just as an AOC fan. With the quote buffer filling up bam-bam-bam, it seemed time to dispose of it with a Post.

Since this triple-quote post is due to mention of AOC, Let me summarize how I feel about her: I love her. Her IQ may be about median among Dem Reps (though she makes up for it with some other forms of savvy) but I'll guess her IQ would be well above the average IQ of male GOP Reps. Anyway her charisma doesn't stem from common-place intellect but from empathy, and good spirits.

Yet the talk of running her for President strikes me as absurd. She's not even the intellectual leader of 'The Squad.'
I snipped the rest of LP's post incompletely just because McCarthy's nastiness has gone so far he's like a beast in a Harry Bosch painting. Is there a new batch of protest folk-singers who can put the hypocrisy to music?

Nick on Twitter: "@leahmcelrath @AOC @RepRaskin AOC has been so good at demystifying Congress during her time in office. She's a person doing a job. It comes with a lot of privilege and a lot of responsibility and a lot of "wtf" moments." / Twitter

Is Kevin McCarthy OK? | Speaker Nancy Pelosi
We’re glad we’re not the only ones who can’t follow Minority Leader McCarthy’s meandering rant that has nothing to do with the Build Back Better Act.

Tonight, Kevin McCarthy previewed Republicans very best attacks against the deficit reducing, inflation crushing Build Back Better Act.

As he hopefully approaches the end, we’re all left wondering: does Kevin McCarthy know where he is right now?
With screenshotted tweets:
Ben Jacobs O @Bencjacobs
Kevin McCarthy: "Picture America in a swim meet after World War II against every other country"

John Bresnahan @bresreports
.@GOPLeader: "A good friend of mine, Elon Musk....".
@GOPLeader says, "I a can't afford a Tesla." Hmmm, who could he talk to about this? 10:58 PM Nov 18, 2021 • Twitter for iPhone

Jonathan Weisman @jonathanweisman
Two hours and 20 minutes in Kevin McCarthy just said China would never have thousands of IRS agents go after its people.

Jordan Weissmann * Q @JHWeissmann
"I wish could have been in Tiananmen Square." Really?

Seems like a lot of incoherent babbling.
I'd call it asinine hypocrisy.
 
Walmart CEO Says Biden Instrumental in Supply Chain Improvements

Amid ongoing concerns about the U.S. supply chain, one major CEO is giving President Joe Biden props for his handling of the problem.

Speaking to MSNBC on Monday, Walmart CEO Doug McMillion praised the Biden administration's actions and noted that they are having a noticeable impact. He singled out the deal brokered to keep major ports open 24 hours a day as helping move containers of cargo at a quicker rate.

"The combination of private enterprise and government working together has been really successful," McMillon said. "We've had a lot of participation, been able to participate in solving some of these congestion issues, so I would like to give the administration credit for helping do things like get the ports open 24 hours a day, to open up some of the trucking lines...and then all the way through the supply chain there's been a lot of innovation."
 
Another problem with the B3 is that it employs the accounting trick of projecting revenues for the full 10 years but accounts for spending for a shorter time-frame with the plan of extending spending once it runs out. So the true cost of the bill is much higher than $1.75T and that is deeply dishonest.
Build Back Better Cost Would Double with Extensions

Manchin and Sinema must oppose this Spendapalooza!

In other words, the same thing that was done with the Republican tax cut for the rich. I didn't see you objecting then, why are you objecting now?
 
Because we used to have an idea of fairness in the tax code that a dollar would only be taxed once.
I do not agree that state and local taxes amount to a double taxation in that sense. If it were so, why allow state and local governments to tax? Just have "single taxer system" if you are that concerned with taxing a dollar twice.
Why should states and localities impose high taxes but then have those taxes subsidized by citizens of other states/locales via SALT deduction? Not to mention that SALT deduction is only available to those who itemize their deductions in the first place.

Places with high local taxes take a bigger bite than places with low local taxes. You can decide whether you want more or less local government and that's a good thing.
 
Is when someone uses an 'expert' to disprove a widely accepted fact among experts... like using a biologist's belief to disprove evolution.
In this case the 17 economists are name-dropped without any real explanation why dumping all this money into the economy will no exacerbate inflation.
Okay, so unemployment now causes inflation?
I said expanded unemployment that paid people $600/week on top of regular unemployment, which is more than many people made working.
The inflation is due to supply chain issues.
Things are rarely monocausal. Yes, supply issues are contributing, as I have acknowledged. But increased amount of money in the economy certainly contributed its share as well.
Our global ... read that GLOBAL infrastructure was scaled for a certain level of economic activity. There was a sharp decline and then sharp increase in economic activity, both of which our GLOBAL system is not remotely capable of handling.
And at the same time, many people were more flush with money. More money chasing fewer goods and services is an inflation double whammy.
That is not to say that the emergency measures were not needed - although they certainly went on for too long after the economy reopened - but it would be foolish to add fuel to the inflationary fire by adding even more money into the already inflationary economy.

I bought carpet recently... not a good time to as carpet pricing has gone up several times in the past year. And that isn't because someone got a $2400 check to help make up for the massive drop in economic activity for a couple quarters in 2020.
Why not? Both supply and demand sides affect the price.

That "tax break" existed until Trump removed it.
So? It is genetic fallacy to say that something must be bad because Trump did it.
And the tax break in question was not removed, just restricted to $10k.

It is also a bunch of BS to say it is "Blue State", because the "Red States" benefit from lower real estate prices for homes of similar types.
It is mostly rich in high tax blue states that benefit. To qualify for SALT deduction in the first place you have to itemize your deduction. Most people, especially those making less, take the standard deduction and are not eligible for SALT breaks.
PaF-Chart-8.png


And blue states in general have higher state and local tax rates making SALT deductions more lucrative and also making it more likely you will hit the $10k limit under current law.
Lifting the cap would be a) very regressive, a tax cut for the rich and b) would benefit those living in high tax areas, which amounts to a subsidy of high state and local tax areas by people living in areas with lower such taxes.

The reduction in the tax break didn't impact Red State wealthy people as much as Blue State wealthy people, and that was intentional.
But that's just because they were advantaged under the previous tax law. People should not pay less federal income taxes just because they live in an area with higher state and local taxes.
 
In other words, the same thing that was done with the Republican tax cut for the rich. I didn't see you objecting then, why are you objecting now?
I might have missed it. Such accounting gimmicks were wrong then and are wrong now.
Let's turn it around: do you think this was wrong for the 2017 tax cuts? If so, then why do you support it now?
 
Places with high local taxes take a bigger bite than places with low local taxes. You can decide whether you want more or less local government and that's a good thing.
But if people in California decide they want higher state and local taxes, then people living in California should be paying more taxes. They should not get to have taxpayers in lower tax states like Florida or Georgia subsidize their high state and local tax rates.

By the way: people in California who take the standard deduction have to pay higher taxes because they are not eligible for SALT deductions. It is only those who itemize - mostly those better off - who have access to this subsidy. And the more wealthy they are, the more they get from it.
5.3.1-figure1.png

This is for tax year 2017, so before the $10k cap took effect. As you can see, the deduction is extremely regressive.
 
Non-biodegradable plastics aren't much of a problem for anything persistent, like clothing.
It was a video game joke. In any case, I hold that paper drinking straws are an abomination. They get soggy quick and have a weird mouthfeel.
 
So the density argument does not hold much water.
How so? It shows that the NE corridor has density sufficient for HSR, but not much of the rest of the country. It is not an accident that the NE corridor is the only place where currently intercity passenger rail is viable.
I think we need to focus more on rail rapid transit in metro areas, not between them. Getting more people to drive fewer miles would have a huge impact, not only on carbon emissions and energy use but also land use patterns (i.e. fewer large parking lots and parking garages in city centers and also fewer highways cutting through cities would be needed)
 
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GOP senators appalled by 'ridiculous' House infighting | TheHill
Republican senators are expressing shock and disbelief that conservative allies of former President Trump in the House threatened to strip colleagues who voted for the $1 trillion infrastructure bill of their committee assignments.

The incredulous reactions of Republican senators to a motion filed in the House to boot Rep. John Katko (N.Y.) from his position as the top-ranking Republican on the House Homeland Security Committee because of his vote for the infrastructure bill reveal the chasm that is opening up between the Senate and House GOP conferences.

The GOP Senate and the QOP House are, nominally, elected by the very same people. Yet now there is a palpable mismatch between even these bodies! Further example, IMO, that "Republican" partisan politics have exceeded all degrees of inanity.
I failed to acknowledge that there are stupid treasonous GOP Senators. e.g. Ted Cruz, as well as GOP Reps. But it seems that John Kennedy, Senator from Louisiana, is challenging Cruz for the title of Most Asinine Senator, Maybe he's trying for honorary membership in the MTG-Gaetz-Boebert club.

We've got the Emmys and Oscars. Wouldn't it be a public good if there were televised awards to celebrate creatures like "Most Asinine Senator", "Most Corrupt Governor", and so on?
 
GOP senators appalled by 'ridiculous' House infighting | TheHill
Republican senators are expressing shock and disbelief that conservative allies of former President Trump in the House threatened to strip colleagues who voted for the $1 trillion infrastructure bill of their committee assignments.

The incredulous reactions of Republican senators to a motion filed in the House to boot Rep. John Katko (N.Y.) from his position as the top-ranking Republican on the House Homeland Security Committee because of his vote for the infrastructure bill reveal the chasm that is opening up between the Senate and House GOP conferences.

The GOP Senate and the QOP House are, nominally, elected by the very same people. Yet now there is a palpable mismatch between even these bodies! Further example, IMO, that "Republican" partisan politics have exceeded all degrees of inanity.
I failed to acknowledge that there are stupid treasonous GOP Senators. e.g. Ted Cruz, as well as GOP Reps. But it seems that John Kennedy, Senator from Louisiana, is challenging Cruz for the title of Most Asinine Senator, Maybe he's trying for honorary membership in the MTG-Gaetz-Boebert club.

We've got the Emmys and Oscars. Wouldn't it be a public good if there were televised awards to celebrate creatures like "Most Asinine Senator", "Most Corrupt Governor", and so on?
A Trumpie.
 
So the density argument does not hold much water.
How so? It shows that the NE corridor has density sufficient for HSR, but not much of the rest of the country. It is not an accident that the NE corridor is the only place where currently intercity passenger rail is viable.
I think we need to focus more on rail rapid transit in metro areas, not between them. Getting more people to drive fewer miles would have a huge impact, not only on carbon emissions and energy use but also land use patterns (i.e. fewer large parking lots and parking garages in city centers and also fewer highways cutting through cities would be needed)

This. HSR isn't of much value if you need a vehicle at your destination.
 
I've found research that indicates when trains are competitive with airliners: Air and Rail Competition and Complementarity from 2006

Trains have nearly 100% market share up to a trip time of 2 hours or less, the two are about equal at 3.5 hours, then airliners have nearly 100% market share at 5 hours or more.

That being noted, long high-speed corridors still have value if they have a lot of cities along their length. That is because they can support trips along parts of their lengths. Thus, for a Portland ME - Miami FL "Atlantic Axis", as I call it, one does not need a lot of Portland-Miami passengers if one has plenty of Portland-Boston, Boston-NYC, NYC-DC, DC-Raleigh, Raleigh-Atlanta, Atlanta-Jacksonville, and Jacksonville-Miami passengers.

Furthermore, a long corridor can be built in segments. Consider Amsterdam NL - Cádiz ES, nearly 3000 kilometers / 2000 miles long, longer than that Atlantic Axis. It was built in pieces over the decades, starting with Paris - Lyon in 1981 and still with a non-high-speed stretch: Montpellier - Perpignan in southern France. I checked in raileurope.com and one has to take several trains along the way: Amsterdam - Paris - Valence - Barcelona - Madrid - Sevilla - Cádiz.
 
Places with high local taxes take a bigger bite than places with low local taxes. You can decide whether you want more or less local government and that's a good thing.
But if people in California decide they want higher state and local taxes, then people living in California should be paying more taxes. They should not get to have taxpayers in lower tax states like Florida or Georgia subsidize their high state and local tax rates.
I could support changing the federal structure so that people in one state don’t subsidize the people in other states. If that were to happen do you think the people in California would be worse off or better off?
 
CA pays about 13.7 billion MORE in federal taxes than it receives back.
So figure it out.
California could secede and become richer, while making every other State poorer.
 
To complete my assessment, I estimated the average speed on a full-scale high-speed line. I found varying estimates, and I used 250 km/h or 155 mph for top speed 300 km/h or 186 mph.

So 2h, 3.5h, 5 h give 500, 875, 1250 km, or 310, 540, 780 mi.

Let's see how distances between cities compare. China is a special case because it is so populous, and that makes it easy to justify long HSR lines in the eastern half of the country. So I'll look at others. All distances Google Maps driving distances unless indicated otherwise. Geo = geometric / great circle / shortest / as the airplane flies

  • Japan: Kagoshima - 324 km - Fukuoka - 612 km - Osaka - 498 km - Tokyo - 362 km - Sendai - 353 km - Aomori
  • S Korea: Seoul - 326 km (geo) - Busan
  • Taiwan: Taipei - 353 km - Kaohsiung City
  • A-C: Amsterdam - 203 km - Brussels - 119 km - Lille - 225 km - Paris - 466 km - Lyon - 304 km - Montpellier - 346 km - Barcelona - 625 km - Madrid - 526 km - Sevilla - 121 km - Cádiz -- total: 2935 km
  • Paris - London: Paris - 225 km - Lille - 328 km - London -- total: 553 km
  • SW France: Paris - 239 km - Tours - 349 km
  • Italy: Turin - 178 km - Milan - 211 km - Bologna - 109 km - Florence - 273 km - Rome - 226 km - Naples -- total: 997 km

Now the Atlantic Axis: Portland ME - 172 km - Boston MA - 348 km - New York NY - 364 km - Washington DC - 422 km - Raleigh NC - 654 km - Atlanta GA - 556 km - Jacksonville FL - 556 km - Miami FL -- total: 3072 km

Greater Chicagoland: Chicago IL ...
  • 455 km - Detroit MI:
  • 556 km - Cleveland OH
  • 477 km - Cincinnati OH
  • 478 km - St. Louis MO - 512 km - Kansas City
  • 537 km - Des Moines IA - 216 km - Omaha NE
  • 658 km - Minneapolis MN
Ohio: Cincinnati OH - 401 km - Cleveland OH

Texas: Houston - 385 km - Dallas - 315 km - Austin - 266 km - Houston

California: San Francisco - 78 km - San Jose - 240 km - Fresno - 176 km - Bakersfield - 153 km - Palmdale - 104 km -- total: 751 km

So by city distances, there is much of the US that is very suited for HSR development.
 
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CA pays about 13.7 billion MORE in federal taxes than it receives back.
So figure it out.
California could secede and become richer, while making every other State poorer.
Correct. The liberal areas of the country create the vast amount of wealth in the US. We support the right wing areas. And it's not even close.
 
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