Comments by "Grim Affiliations" (@grimaffiliations3671) on "How Biden's Inflation Reduction Act changed the world | FT Film" video.

This is why the "Dems are the same as Repubs" line has always been dumb
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@robertshelton3796 i'd much rather corporations get incentives to do things that benefit the people rather than getting corporate welfare with no strings attached like we saw with trump's tax cuts
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This did more for US manufacturing than anything Trump ever did
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@robertshelton3796 the green transition is objectively beneficial for people. And Trump didn't give tax cuts to everyone, just his rich friends
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@robertshelton3796 not necessarily, sodium batteries are taking off, as other other kinds of batteries. But even if we did just have that, it's far better for everyone than the alternative. And it's not built on higher prices at all, solar is currently the cheapest form of energy on the planet. And no, the only permanent reduction in taxes went to large corporations
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@robertshelton3796 yes, different batteries have different pro's and cons, the points is new ones are being developed every year. And im not saying we rely exclusively on solar, the point is this stuff will get cheaper as time goes on, they've fallen in price a lot and have plenty more space to fall. Portugal ran on nothing but renewables for over a week straight and prices fell to near 0. You're not subsidizing anything
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@robertshelton3796 like i said, you haven't paid a dime for those subsidies. And even if you did, those driving gas cars are getting a subsidy in the form of less demand for gas. That equals cheaper prices.
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MMT economists pointed this out before they formed the union. Without your own currency, you do not have any real control of your fiscal policy
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taxes back the dollar, and they're very tangible
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@ConradNeill And the funny thing about your point is that the subsidizing of gas cars you listed is mainly done on the state and local level, so that actually is coming from tax payers. Whereas the federal subsidies for electric vehicles he's complaining about are not actually funded by tax payers. Taxes don't actually pay for anyhting the federal government does
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@jessy1982 you have to go out and work to pay for that tax or loan from the bank, it's backed by your time and labor. Fun fact, backing the dollar is the only reason we pay federal taxes. They don't actually use it for anything. They throw federal tax money in the shredder
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@jessy1982 It's uselsss to the government sure, but we still need to get up every morning and earn US dollars. It can't be worthless if it's backed by your time and effort
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@jessy1982 are you even reading my comments? It has value because we need it to pay taxes, that's where it's base value comes from, not the rest of the world
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@robertshelton3796 no you haven't. Taxes don't pay for government spending
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@Wonderwall627 ?
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@Wonderwall627 if demand falls of course prices wil fall
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