•   
  •   
  •   

Motorcycles Austerity or stagnation? Faced with Biden's ambitious infrastructure bill, GOP wants both

14:16  11 may  2021
14:16  11 may  2021 Source:   msn.com

Exclusive: States to receive biggest boost yet in vaccine doses, White House tells governors

  Exclusive: States to receive biggest boost yet in vaccine doses, White House tells governors We run Yamaha’s trail-focused 250cc four-stroke enduro motorcycle on our in-house Dynojet 250i rear-wheel dynamometer for the first time ever.

Mitch McConnell, Joe Biden are posing for a picture: Mitch McConnell; Joe Biden © Provided by Salon Mitch McConnell; Joe Biden

Mitch McConnell and Joe Biden Photo illustration by Salon/Getty Images

Here's the biggest problem with Republican complaints that President Biden's American Jobs Act puts too little money — $621 billion — into ports, roads and bridges: Their so-called alternative would spend less than half as much on those urgent needs, only $236 billion.

So when Senate Minority Leader Mitch McConnell is asked why he opposes the act, which would fund desperately needed enhancements to the bridge which crosses the Ohio River between Kentucky and Ohio, carrying 3% of America's GDP across it every year,  he doesn't say his alternative would fix it — because it wouldn't. He simply grumps that he's not willing to raise taxes and increase the deficit to fix the bridge.

Holstein Kiel plans the future: austerity price or ascent

 Holstein Kiel plans the future: austerity price or ascent Football second division Holstein Kiel has to continue its austerity price. "We'll have to catch the belt even narrow in the coming season," Sportschef Uwe Stöver said the "Kieler News" (Thursday). "We will reduce the budget for the first team to the new season by about one million euros after we have already reduced him by about two million euros last summer." © Tom Weller / DPA / Stock Image Uwe Stöver is standing in front of a game in the stadium.

The maximum the Republicans will allow for all infrastructure projects is $600 billion — but the backlog of repairs alone of U.S. roads and bridges is $740 billion. Republicans are thus opposed, in principle, to investing the funds needed to give the U.S. world class infrastructure.

Austerity is the first principle the Republicans say they won't yield on. And here's the second: stagnation. Biden's proposal contains about $600 billion to accelerate U.S. leadership in 21st-century critical technologies like broadband internet, clean energy, a modernized national grid, electric vehicles and distributed manufacturing. These technology investments can be designed to pay for themselves out of the profits they generate, if Republicans prefer it that way. For example, the fuel cost savings of electrifying new postal delivery trucks would create a hefty surplus. (In just this fashion the Obama administration's investments in wind and solar energy and electric vehicles paid for themselves and made a profit.) So there is in fact no rational fiscal argument against profitable technology investments.

Jeff Bezos, Richissime boss of Amazon, is willing to pay more company tax

 Jeff Bezos, Richissime boss of Amazon, is willing to pay more company tax © Joshua Roberts / Reuters Jeff Bezos, CEO of Amazon, September 13, 2018, in Wahsington. The richest man in the world says to support the rise in corporate tax in the United States. A response to recent statements by US President Joe Biden. "We support an increase in corporate tax," insured the founder of Amazon Jeff Bezos Tuesday, April 6, in a statement published by his group on Twitter, a few days after Joe Biden complaining that Amazon does not pay taxes on benefits.

But Republicans object to the very idea of investing in U.S. technology leadership, because new technologies will displace the coal, oil and gas whose corporate producers and lobbyists currently fund the Republican Party. They are clinging to yesterday's economy. At one recent House hearing, Rep. Cathy McMorris Rodgers, R-Wash., argued that Chinese leadership in electric cars was somehow an argument against U.S. investment in EVs. Acting as if the electric vehicle future were optional, Rodgers questioned "the security impacts of the United States trading its strategic advantage in fossil energy for more reliance on supply chains from China."

This profound commitment to technology stagnation is the second pillar of Republican resistance to infrastructure investment. That neatly captures the American reality; a bipartisan infrastructure bill is blocked not by Biden or McConnell or Chuck Schumer's attitude about how the Senate should work, but by the fiercely defended Republican principles of spending as little as possible and changing as little as possible.

GEA boss switches to attack - ambitious destinations from September

 GEA boss switches to attack - ambitious destinations from September (Bloomberg) - The GEA Group AG has the most of its convenience, according to the Executive Board Stefan Stefan Klebert. Thus, the company can take up acquisitions again and will possibly put more ambitious medium-term targets soon. adhesive, for a good two years in office, has the GEA dusted under its predecessor Jürg Oleas had a rossußkur - 1,400 places were mined, the purchase was bundled, the IT is modernized and areas with a turnover of about 150 million euros were delivered .

It's important to understand that during the last six years Republicans could have pushed an ambitious infrastructure bill through the Senate and House, attracting Democratic support and a White House signature, and financed it with user fees, a gasoline or perhaps a carbon tax and other business-friendly revenues. They could have crafted one big enough to meet the deferred maintenance gap on roads, bridges, ports, airports, water supplies, dams and sewers; and big enough to enable the U.S. to start catching up with China on high-tech innovations like advanced batteries and electric trucks. They didn't even offer one.

Now that we have a Democratic version to start with, we need to ask the opposition party the following questions:

  1. How do Republicans propose to finance the $500 billion gap between their proposed infrastructure compromise and the funds needed just to repair America's roads and bridges?
  2. What is the Republican plan to replace the thousands of miles of lead pipes and other unsafe drinking water infrastructure that is poisoning American families, also with an estimated backlog of over $500 billion? (These two items by themselves present a bare-bones need for $1 trillion.)
  3. Since we all appear to agree that broadband is important, what is their competing plan for catching the U.S. up with its "socialist" European competitors in terms of broadband access and speed? How would they pay for it?
  4. Finally, how do they propose to win the 21st-century innovation race with China and Europe for leadership in advanced technologies like wind, solar, telecommunications, distributed manufacturing and electrified transportation?

If they can't come up with reasonable answers that go beyond polite terms for austerity and stagnation, we should recognize that allowing the Republicans to block Biden's investment agenda means choosing a grim future for our country.

No Malarkey! President Biden Drops F-150 Lightning's 0–60 MPH Acceleration Time

  No Malarkey! President Biden Drops F-150 Lightning's 0–60 MPH Acceleration Time While being the President of the United States sounds like a pretty stressful gig, it does come with a few perks. One of them just so happens to be an exclusive test drive of the all new Ford F-150 Lightning EV pickup truck. And while we’ll have to wait until tomorrow to get all the juicy details on Ford's most shocking F-150 ever, Biden did let a few key details slip after his quick spin in a Lightning prototype outside the Rouge Electric Vehicle Center where it'll be built.

It means that in 2030 Americans will still drive dirty and expensive oil-powered cars and trucks on potholed roads across unreliable and congested bridges — vehicles other countries no longer allow to be imported and sold. American shippers will pay twice as much to get goods across the country as their Chinese competitors. Households will still endure unreliable and expensive utility bills, while wondering whether the drinking water in their taps is poisoning their children.

Even more of us will know a friend or neighbor who lost their job because the factory where they worked could no longer compete with China. American workers won't be able to compete with Europe for the digital jobs of 2040 because their broadband access won't be fast enough. This won't happen because of partisanship or the filibuster, although those are major barriers. It will happen because one of our two major parties is clinging to an impoverished view of what government should do for its people and to yesterday's fading fossil-fuel economy, which very soon will genuinely be unable to afford the investments America needs.

Safest Midsize SUVs in 2021 .
Safest Midsize SUVs in 2021

usr: 1
This is interesting!