Would you rather have cheap energy, or stupid culture wars?
This is from the substack posting Noahpinion. I agree with a good deal of what he says but this article is spot on about the new tax bill.
There are many things to despise about Trump’s deeply unpopular budget bill, known as the One Big Beautiful Bill, or BBB. It would expand the national debt to dangerous levels with irresponsible and unnecessary tax cuts. It would shift the distribution of income upward. But perhaps the most ridiculous, pointless, and downright insane feature of the BBB is its attack on American energy supply.
......
CNN has an interactive tool that allows Americans to see how much their energy bills could go up if Trump’s BBB passes, according to estimates from the think tank Energy Innovation. They write:
....
And of course nuclear and geothermal, which Trump also wants to raise taxes on, are among the most stable energy sources that exist.
It’s also notable how many GOP districts and red states would be hurt by this disastrous policy. Although I don’t believe the purpose of industrial policy should be to create jobs, it’s undeniable that the boom in solar, wind, and batteries has generated a ton of economic activity in Republican-leaning areas.
https://www.noahpinion.blog/p/would-you-rather-have-cheap-energy
= new reply since forum marked as read
