Reducing inflation by spending borrowed money is a contradiction in terms.
“Greater than expected…”
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Jeez, who knew that there would be no shortage of parasites clambering for access to FREE OTHER-PEOPLE’S-MONEY.
Industries spending/buying long range political favors/donations base.
The whole “Green” agenda is the socialists buying long term political favors with industries dependent on the “Green” subsidies and mandates. The socialists had to do that, for their own protection, because they were running out of industries that would support them.
I will give the Democrats credit for one thing. They are good at picking great names for terrible ideas. The “Inflation Reduction Act” is a perfect example.
“Inflation Reduction Act”
Only Congress is stupid enough to believe this.
Investments? More like flushing newly printed money down the toilet.
That's the goal in this whole global warming scam.
America needs a do-over, where 80% or more of the government is eliminated as un-necessary, and un-Constitutional.
Gonna take a generation of two to realize they are used-up.
Claude rains, paging mister Claude Rains, to the white courtesy phone please.
Have you ever noticed that when Democrat policies are involved you hear the word “unexpected” a lot when the results are released?
We pay twice...for the very expensive vehicles...and for the subsdies...and you can bet down the road...we’re going to be paying premium for a shot at the EV filling station.
One of the ‘giants’ of wind power/other people’s money is a European company named Orsted. Orsted withdrew from several US East Coast wind projects. Even with
$$-billions-$$ of taxpayer $$$ up front, Orsted claimed east coast wind power was not economically feasible. Now, Orsted is downsizing significantly. Just like Solyndra, I’m sure the higher ups received their millions before they bailed, with the usual 10% for the Big Guy.
Free enterprise will sort it out if the giverment will just drop dead.
Government does not "invest." They FLUSH OUR MONEY down the crapper.
How do you like that!? The demand for free money is higher than the government expected. Freaking idiots in government can't do anything right. Probably all DEI hires.
This is what happens when you decide teaching math is racist.
I don’t call it the communist Hill for nothing. More propaganda and lies than the WP.
Investing in “green energy” makes China wealthier, causes really serious pollution, makes energy more expensive, and we have no real way to recycle any of it (still less than 5% of batteries - even worse for PV panels) so our kids will have to clean up the mess just like they will have to pay for this since we are putting it on their credit card.
They just declared “Martha’s Vineyard” as a poor community so our kids can install EV chargers in a community where the average home is worth 1.5 million.
greater-than-anticipated investment in climate-friendly technology. BS
The PROBLEM is the Inflation Creation Act of 2022.