Under the Biden Administration, Congress has passed two major bipartisan bills -- the Bipartisan Infrastructure Law and the Inflation Reduction Acts (IRA).
These so called “infrastructure” projects are nothing but wasteful boondoggles designed to favor Crony Capitalists and Unions. They will fund projects that make no economic sense and overpay for them to boot!
For example, claims that the Inflation “Reduction” Act will lower energy costs are a lie, as it includes:
◦ Policies that coerce us into using costly, unreliable “green” options
I'm not a fan of either party. Compare NY and Seoul. Night and day wrt infrastructure and cleanliness. best, Larry
Hi Alex, I think you are also making Cliff's main point. That we are not targeting or truly planning these investments. My best, Larry
These so called “infrastructure” projects are nothing but wasteful boondoggles designed to favor Crony Capitalists and Unions. They will fund projects that make no economic sense and overpay for them to boot!
For example, claims that the Inflation “Reduction” Act will lower energy costs are a lie, as it includes:
◦ Policies that coerce us into using costly, unreliable “green” options
◦ Policies that increase fossil fuel costs
◦ More power for energy-obstructing bureaucrats and activists. https://alexepstein.substack.com/p/12-myths-about-the-terrible-inflation