this is good news for shooters who cast their own bullets--soon there will be a lot more lead available for casting: Biden's infrastructure plan would replace every lead pipe in America https://theweek.com/speedreads/974935/bidens-infrastructure-plan-replace-every-lead-pipe-america
Dangerous combo. Melting down and casting lead can cause lead poisoning which decreases iq and increases aggression.
Probably a logistics nightmare but there needs to be major programs to deal with lead paint and asbestos too
I know encapsulation is usually the best approach for lead paint but asbestos remediation is really a pain
Washington Post says "the math is fuzzy"" "5 key takeaways from Biden’s $2 trillion infrastructure plan: Biden’s proposal includes a lot more than roads and bridges, and the White House math is fuzzy on how to pay the hefty price tag": https://www.washingtonpost.com/business/2021/03/31/takeaways-biden-infrastructure-plan/ excerpt: 4. Biden is using fuzzy math to say the plan is paid for. The White House is already getting criticized for portraying this as a plan that is “paid for” by tax increases, when the numbers don’t actually add up. The proposal calls for about $2.3 trillion in spending over eight years, yet it would take 15 years for the proposed tax increases to generate that amount of money. That’s not how budgeting normally works. “Put another way, roughly half of the spending will be paid for,” said Shai Akabas, director of economic policy at the Bipartisan Policy Center. The standard way to look at spending like this is to add up how much it costs over a decade and how much of that cost is paid for over the same 10-year window. The proposed tax hikes generate only about $1.5 trillion over a decade, meaning this plan would add close to $1 trillion to the U.S. debt. more at the link
This mindset didn't exist in the 30s and 40s and the US got their return on investment by greatly expanding the middle class in the 50s and racking up more tax revenue. Hence why it's an investment.
"Does America really have an infrastructure crisis?" https://theweek.com/articles/974936/does-america-really-have-infrastructure-crisis excerpt: America doesn't have an infrastructure crisis. . . . more at the link
We could do more with less, as we've always been doing, but there are plenty things wrong with that op/ed. Most of America's growth in the last 13 years is not real assets, but rather financialized (stocks, bonds, paper derivatives). This isn't Japan or China where we build Bridges to Nowhere (is that writer Palin?). In fact with our housing supply shortages, maybe we should build ghost towns and bridges to there so we can homestead all the homeless and underemployed. The other thing is that wealth and investment is deeply spotty. Who cares about potholes if your neighborhood is akin to a Superfund site with poor emissions from neighboring areas and tap water that leaks carcinogens? Well my HOA makes sure that never happens to me!!! Even if America doesn't need an infra overhaul, the government definitely does. This ranges from hardening hacks against our internal networks to straight up upgrades from 70-80s machinery. We're reliant on private industry because of lobbyist interests like the writer, but imagine not needing to file taxes because the it's does it automatically (thanks Intuit!) while having the option to self file if you have amendments and deductibles. Imagine halving the time waiting at the DMV because "the network" isn't down. This writer makes the most bland and uncompelling talking points that had been given during Obama and made him compromise down on works. I wonder what his views on the unfunded Trump tax cuts were. Dead flatulent silence? I'm not even pro Keynesian in the plans multiplier benefits anymore. It's just we still have over half a million unemployed that isn't necessarily going to melt away this year post-vaccine. Shovel ready might not be permanent but at least we have more real assets to mortgage away than relying on stocks the government is back stopping at the moment
I'm for an actual infrastructure bill. Fix aging stuff, fix roads, update rail, bring 5G everywhere...but only ~650 billion of the plan is for that, right? Lots of spending on "communities of color" to wipe out inequities. Which means its a reparations bill wrapped up with infrastructure.
If it's to build more housing then that would be awesome. You should look at homeownership rates between black families and white families. And it's all due to our racist past due to redlining.
but don't worry gang, here's where Schumer will find the money: https://www.bloomberg.com/news/arti...nate-on-pot-legalization-as-states-leap-ahead moar Federal sin taxes please
People wanted decriminalization...yay? You're free to make tax free lemonade out of lemons as long as you don't add HFCS, or sugar, or additives, or food coloring. You know what... just squeeze the lemons in front of me.
https://reason.com/2021/03/31/joe-b...s-american-infrastructure-insanely-expensive/ excerpt: The president said in his speech today that his American Jobs Plan would replace the 10 most economically significant bridges in the country, but otherwise omitted details about what specific projects he'd like to fund. Biden's transportation infrastructure plans are "vague because the focus is all on the second-order effects of transportation, not on actual transportation," says Adrian Moore, vice president of research at the Reason Foundation. "It's all about what's going to happen for equity or climate change or suburban development." Indeed, one can see that in the very name of the American Jobs Plan, the title of which does not mention infrastructure. That's more than a rhetorical point. The focus on jobs, and particularly unionized American jobs, means that Biden's $2 trillion spending plan will buy a lot less infrastructure than it otherwise could. more at the link