Posted on 09/14/2022 9:15:24 AM PDT by Red Badger
White House press secretary Karine Jean-Pierre was asked today during the daily press briefing about the Inflation Reduction Act.
The question came today as the latest consumer price index showed an increase of 0.1% for August and 8.3% over the past year.
The reporter asked, “Some of the savings that you are pointing to wouldn’t kick in until 2024 or 2026, so is it fair to suggest to people somehow that they are going to see some inflation reduction right now while they are hurting the most?”
Jean-Pierre responded, “That is actually not true. This is just for some folks who are watching, consumers, families, and small business owners can head to clean to cleanenergy.gov as it relates to clean energy cost… to learn how they can start saving money immediately.”
She then listed off examples of what Americans can “save” on right now from the government website.
“Households can receive a tax credit to cover 30% of the costs of installing rooftop solar.”
“Households can receive a tax credit to cover up to 10% of the cost of insulation materials and other energy efficient improvements, like energy-saving windows and doors.”
“They can also receive a $300 tax credit for purchasing efficient heating and cooling equipment, like a heat pump or central air conditioner.”
“Households can receive a $300 tax credit for purchasing a heat pump. The total of current and previous years credits, including those for energy efficiency improvements, high efficiency furnace and air conditioners cannot exceed $500.”
“Americans can receive a tax credit of up to $7,500 for purchasing a new electric vehicle.”
Like Milton Friedman said, inflation is taxation without representation and is a trick of Congress. They get more taxes from you without having to vote on it.
In addition, many rip-off companies are defrauding homeowners with crap contracts - which we discovered in his estate.
They sell stuff, go out of business, and I believe the banks are in it as well - making loans in association with businesses that are shell fraudsters.
The pols (BOTH SIDES) in D.C. use inflation to get out of debt.
They have done it many times before and they are doing it this time as well.
To them, ‘INFLATION IS A TOOL’..................
The deliberate lowering of our way of life continues on pace.
Incur more debt and things will be better for you...
We're in a period of price inflation...BUT....monetary deflation.
The government has very little control in creating new debt. The banking system controls virtually all of it.
But these incentive programs can lure people into the debt that the government desires.
the gov subsidies only make additional spending less expensive
when people are having trouble putting food on table
this does not make sense
and IS down right cruel
LET THEM EAT CAKE!!
And an electric car!....................😜
...unless there's a China dump
(where Biden and his cronies get their cut off the top)
Gee kid they spent all their money on those inflated food and gas prices ....
My electric Co-op will buy power from home solar panels at the incremental cost of the power that the Co-op would then not buy. There is no net metering. Therefore, I would still buy 100% of the power from the Co-op at retail and sell back what I make at wholesale essentially. This would be an amazingly poor return project and use of my limited capital.
IF there is no climate emergency
EVs are stupid
Solar energy is stupid
Wind energy is stupid
THERE IS NO CLIMATE EMERGENCY
And if you rent? Then you should buy a house. That will wipe out inflation. /s
These people in D.C. are wallowing in so many $ billions of stolen money, they have no clue about reality.
What’s next?
Beat inflation by having an abortion?
So the Inflation Reduction Act is just a way to shove the GREEN NEW DEAL down our throats.
It also includes paying interest on the HELOC loan I got for the house improvements and the car loan for the EV (almost none of this was out-of-pocket). It's also based on the past year's worth of data from having solar since spring of last year, and assuming my calculations for the upgrade done this year are as accurate as last year's were (I predicted 50% to 60% of all power to be free, it was 58.5%, now I'm predicting 85% to 95% including charging the EV, so far it's been 91.4% but we're admittedly early since the solar additions).
But I didn't get any bit of my information from the gubment's bullcrap DOE website. This works only if you're willing to do your own homework and take personal ownership in how much energy you can generate on your own, figure out how to quit wasting energy while at the same time not reduce your lifestyle one bit, while also doing a deep dive in the financial planning for it.
If you think about it, energy use is like financial planning. Dave Ramsey likes to say that if you don't make a plan for where all of your dollars go then you're liable to give away money to people lying to you with their bullcrap advertising. I decided the same for my energy consumption: I didn't like being limited in my energy use by the whims of the Dims, be it by dictate or pricing. It's not just a gasoline vs EV argument or solar vs coal thing -- it's a freedom thing. The Dims already show they try to punish people for doing the very things the Dims pushed people to do. Just like the Dims now punish people for using natural gas even though they're the ones who pushed both residents and power companies to switch from coal to natural gas -- the Dims will do the same with EV owners who switch from ICE cars (they're already making power more expensive), and for power utilities who switch from natural gas powered plants to solar or wind (they're already jacking up costs for solar and wind and also adding regulations to make those more expensive).
This is unless you generate on your own most of the energy your family needs. Because I don't put power onto the grid I'm not subject to their regulations for solar. The "solar buyback" isn't part of my plan because I don't sell power to the grid. Thus I'm not being cheated like solar users in California when PG&E changes the sine wave during peak hours to intentionally make inverters disconnect from the grid (a safety precaution of inverters detecting dirty power) so they don't have to sell as much power to solar owners in Commiefornia. (It's also PG&E's way of justifying to the state how much more "dependable" their bullcrap 3rd world undependable power is than homeowner's solar power and, thus, power consumers should pay more for PG&E's power and PG&E shouldn't have to pay as much to home solar users for "less dependable" power.)
A roofer friend told me the life expectancy on the solar panels being installed isn't even going to be the 20 years without vigorous maintenance. He will not take roofing jobs that have the panels because the labor and risk is just too large. The normal heat and cool cycle will deteriorate the roof around the installation brackets and then people get a leaky roof around the mounts which will cause enough damage before it's noticed to demand new shingles and decking. Then the panels have to be removed without damage and reattached. He says the risk just isn't worth it.
Does she realize the average solar panels for a home is about $35 to 40,000, a EV is about $60,000 Plus, so where will this money come from for this???????
Dear Lord,
We don’t deserve your favor, but please deliver us from these insane people, and those who are running them from dark places, who have stolen our government.
I don’t believe she is a general imbecile but I think she made a very stupid mistake in accepting a job as the makeup artist for this piggish administration. In fairness, there is no way to defend those policies so she has to improvise and run out the clock every day.
C’mon renters, install those panels, replace that insulation, install that heat pump. Oh wait……..
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