The Inflation Reduction Act is a big lie. It will hurt the economy. It does not reduce inflation. And doesn’t even help fight climate change.
August 7, 2022
August 5, 2022
People still not working
Yes jobs are being added. BUT people are still not working. This is a problem.
August 4, 2022
Biden pays off unions
Biden’s union payoff
The inflation reduction act doesn’t reduce inflation, it actually raises taxes on everyone. And now we learn it’s also a payoff to unions. Why Biden wants to distort market forces and use our precious tax dollars so inefficiently is obvious: he’s paying off unions.
Solar
The new base tax credit for solar and wind production would be $5.2 per (MWh).
Investors in projects that use union labor would be able to claim $26 MWh
Investors using 100% steel made in the U.S get $28.6
C Sequestration
The base tax credit for carbon sequestration is $17 per ton
For projects using union labor it is $85 per ton.
Nuclear Power
The base tax credit for nuclear power is $3 per MWh.
It is $15 per MWh if union labor.
July 31, 2022
Biden increases your taxes
Biden wants in increase taxes on corporations.
This will increase everyone’s taxes (though indirectly.)
What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things.
1. They increase their prices(inflationary);
2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,
3. Shareholders make less(reduces investment hurting economy).
July 29, 2022
INFLATION REDUCTION ACT - Nope
What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things.
1. They increase their prices(inflationary);
2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,
3. Shareholders make less(reduces investment hurting economy).
PWBM estimates that the Inflation Reduction Act impact on inflation is statistically indistinguishable from zero.
July 28, 2022
Oooops.
Way to go Joe. Two quarters negative GDP growth
Back in 2008, President Joe Biden’s current National Economic Council director, Brian Deese, stated: “Of course economists have a technical definition of recession, which is two consecutive quarters of negative growth.”
And in 2019, top Biden economic adviser Jared Bernstein said that a “recession” is “defined as two consecutive quarters of declining growth.”
President Bill Clinton: “A recession is two quarters in a row of negative growth.”
July 25, 2022
Why don't these black lives matter?
Where’s the outrage? Where’s BLM? Where’s Lebron?
Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.
Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities(murders, incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.
Racism exists (though not widespread), it’s bad, and we should continue to work to reduce it. Excess police force exists (though rare), it's bad and we should continue to work to reduce it.
BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy, lack of agency) and do not address the key root causes (it’s not excessive police force or systemic racism.)
https://moxlosllc.blogspot.com/2021/10/wheres-biden-lebron-blm-102521.html
July 13, 2022
YIKES! - Inflation sucks
I'm starting to remember what it was like in the very early eighties with. It's clear that the Biden's administration injection of too many trillions of dollars into the economy AND their unreasonable green policies constraining US domestic energy production are really hurting.
July 11, 2022
EVs actually hurt environment
So why do Democrats and Biden keep pushing for people to spend $20,000 more per car AND make more pollution,
A new study published by the National Bureau of Economic Research found that electric vehicles are worse for the environment than gas-powered ones. By quantifying the externalities (both greenhouse gases and local air pollution) generated by driving these vehicles, the government subsidies on the purchase of EVs, and taxes on electric and/or gasoline miles, researchers found that “electric vehicles generate a negative environmental benefit of about -0.5 cents per mile relative to comparable gasoline vehicles (-1.5 cents per mile for vehicles driven outside metropolitan areas).”
And this analysis doesn’t even include the problems of batteries. NBER’s study doesn’t cover all the reasons that EVs are worse for the environment than gas-powered cars. For instance, most of today’s EVs are powered by lithium-ion batteries. Due to heavy government subsidies, China dominates the global production of lithium-ion batteries and their precursor materials, especially graphite. China’s graphite production has notoriously contributed to significant pollution in the country.
July 8, 2022
Joe-People still not working
Biden says “We have more Americans working in the private sector today than any day during Donald Trump’s Presidency -- more people than any time in our history,”
Whaaaaat?
Biden dithers on vaccines
Just as Biden dithers on Ukraine where he continues to fail to lead the free world in assisting Ukraine in defeating the Russians by supplying sufficient quantity and quality of weapons Biden is failing to lead the development of new vaccines.
As early as February 2021 it was clear that Biden’s leadership was lacking.
And it has only gotten worse.
Operation Warp Speed and the broader 2020 vaccine effort was a miracle. It took less than 12 months to go from a novel pathogen to vaccine shots in arms.
Since then, our response has been far less impressive.
As bad as Trump was, and he was bad in many ways, he was able to lead, or at least get out if they way, of Operation Warp Speed that successfully developed multiple COVID vaccines in record time.
Biden? Not so much.
July 7, 2022
Biden continues to stop oil production
The Biden administration helping environmentalist sue oil companies to stop production.
And oil companies act rationally
“The answer is that U.S. producers are shackled by powerful external limiters, in part emanating from the ESG investingmovement, but perhaps most penetratingly from the overriding idea that the need for oil and natural gas is soon coming to an end. Investors want to see companies produce as much as possible from existing assets now, pay the highest current dividends possible, and invest as little capital as possible in future exploration and development.”
July 6, 2022
Where’s BLM and Lebron?
Where’s the outrage? Where’s BLM? Where’s Lebron?
Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.
Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities(murders, incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.
Racism exists (though not widespread), it’s bad, and we should continue to work to reduce it. Excess police force exists (though rare), it's bad and we should continue to work to reduce it.
BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy, lack of agency) and do not address the key root causes (it’s not excessive police force or systemic racism.)
https://moxlosllc.blogspot.com/2021/10/wheres-biden-lebron-blm-102521.html
Ukraine’s will NEEDS Biden’s means
We knew what Ukraine needed http://www.wsj.com/articles/robert-h-scales-the-firepower-that-ukraine-needs-1424304998 
Ukraine has shown that they have the will to defeat Russia. Biden continues to not have the will to provide Ukraine with the means. Russia continues to have significant more arms than Ukraine and will win a war of attrition. Biden must lead the free world to provide Ukraine with significantly more arms.
June 28, 2022
I guess brown lifes don't matter either
50 migrants dead after being found inside sweltering semitruck in San Antonio, with more hospitalized
By Amy Simonson, Amanda Musa, Travis Caldwell and Priscilla Alvarez, CNN
Updated 3:01 PM ET, Tue June 28, 2022
https://www.cnn.com/2022/06/27/us/san-antonio-migrants-found-truck/index.html
Biden’s policies are a mess AND put many innocents at risk and allow Mexican cartels to get rich.
I support immigration. A lot of immigration. But legal immigration, with a mix of merit based (engineers, scientists, entrepreneurs, doctors, mathematicians, etc.) and opportunity-based (poor people who want to work hard, adopt American values, and get ahead).
(Note-The numbers are the apprehensions. We do not know how many people get through without being apprehended)
June 27, 2022
I guess black lives really don’t matter
Where’s the outrage? Where’s BLM? Where’s Lebron?
Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.
Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities(murders, incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.
Racism exists (though not widespread), it’s bad, and we should continue to work to reduce it. Excess police force exists (though rare), it's bad and we should continue to work to reduce it.
BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy, lack of agency) and do not address the key root causes (it’s not excessive police force or systemic racism.)
https://moxlosllc.blogspot.com/2021/10/wheres-biden-lebron-blm-102521.html
Abortion
While from a personal point of view, with only daughters and sisters, I have always ended up, when push came to shove, where I wanted women to be able to make the decision, I have always understood that it is a difficult issue to decide if/when a fetus has some rights AND that many Constitutional scholars, including Ginsburg, have indicated that Roe and Casey stood on weak constitutional grounds.
My view and understanding (see below) is that SCOTUS made an accurate Constitutional ruling, regardless of my preferences or thoughts related to morals, and that they have returned the issue to the legislatures. Also, as best as I can tell, in all States women will have the right to an abortion if the mother's life is in danger.
RULING REVIEW
Casey (which modified Roe) essentially limited a woman’s right to an abortion after viability (not defined) to instances where the mother’s life is in danger.
SCOTUS decided that Casey (and Roe) were not Constitutional because the Constitution is silent on abortion, that there was not a universal recognized right to an abortion at the time the Constitution was passed, and that the right to an abortion cannot be an unenumerated right BECAUSE an abortion affects a fetus and there is great disagreement in society as to what rights, if any, a fetus has at what point.
They indicated that it is not Constitutional for SCOTUS to decide what rights, if any, a fetus has at what point and that it is up to the legislatures (Federal and/or State) to make this decision for the people that they represent.
Note that in the EU, for the most part, countries’ Legislatures, not Courts, limit a woman’s right to an abortion after 12 weeks to instances where the mother’s life is in danger.
The expected result is that if and until a Federal law is passed, that abortion limits will be left to the states and range from unlimited abortion at any time, even 9 months, to no abortions except in the cases that threaten the mother’s life.
- All states are expected to allow abortions if the mother’s life is at risk
- Few states with limits have an exception for rape or incest.
- Most states will allow the use of Plan B (morning after pill). There is a serious doubt as to the legality of the handful of states that are trying to limit the use of Plan B
- The majority of the majority opinion also made it clear that because abortion affects a fetus with whatever rights it may or may not have, abortion is not the same as other unenumerated rights such as gay marriage, birth control, etc. and there is no reason to think that this court would eliminate the later
June 22, 2022
Russia Rubbles - Biden Dithers
Russia continues to make incremental progress in taking over Eastern Ukraine through the use of massive artillery barrages, rubbling Ukraine towns and villages.
Biden continues to stingily increase the amount and effectiveness of US military aid but, to date, Russian firepower is overwhelming compared to Ukraine. Russia fires 50,000 artillery rounds per day while Ukraine can manage 5000. Not hard to imagine how this will end up.
Putin doesn't care about Ukraine civilians or infrastructure and will continue to destroy Ukraine until he is stopped.
There is also a coming disaster as 100's of millions are at risk of starvation because the important grains of Ukraine cannot be transported due to Russian blockade.
The US is the world's superpower and needs to LEAD these efforts.
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