Official LRC President Joseph R Biden Thread

This is interesting...one of the major reasons for the surge in illegal border crossings is a trump law that does not allow jailing of immigrants. They are simply pushed back across the border, free to try as many times as they want, without fear of jail. Biden tried to change the law but courts would not let him. So Biden's hands are tied on securing the border. The feds aren't allowed to jail people anymore.

WSJ:

Another factor behind the surge, however, is more surprising: a U.S. policy meant to deter migration but which appears to have backfired. At the outset of the pandemic, the Trump administration implemented a little known health law from the 1940s called Title 42 that allowed it to quickly expel any migrants at the border on grounds they might bring Covid-19 into the U.S. The Biden administration recently attempted to end the policy, but it was blocked by a federal court.

Initially, Trump administration officials thought Title 42 would suppress border crossings because it denies migrants a chance to ask for asylum, the first step in a process that allows them to remain in the country while they pursue their claim. At the time, most illegal border crossings were made by Central American families doing just that.
But under the law, there is no penalty for repeated crossings—migrants are simply apprehended and sent back across the border. Border Patrol figures estimate about one in four migrants have tried to enter the U.S. more than once over the past 12 months because they won’t face prison for repeated entry, as they would under normal U.S. immigration law.
Lately, around 70% of illegal crossings are made by single adults in search of work, for whom the policy is an advantage, compared to about one in four during previous border surges over the past decade.

If you remember, I predicted this would happen. That's why I opposed the tax credit for new EVs. This was a provision to try to keep Ford and GM from going out of business at the hands of Tesla.

If supply of EVs catches up to demand then prices will go back down. But I don't see that happening for several years.

But it does assure that my prediction will come true. By 2030, 90% of all new light duty vehicles sold in America will have a plug.

Agip so believes everything the Oligarch owned media and pols say.

Scary

Fat hurts -- Currently no vehicle for sale in the US meets the new EV tax credit requirements.

BUY A FERRARI TODAY: Starting Jan. 1, the tax credit will only apply to vehicles that meet battery and critical mineral sourcing requirements. Currently, no electric vehicle on sale in the U.S. meets those requirements, but proponents like Sen. Joe Manchin (D-W.Va.) argue the requirements are necessary to spur a domestic battery supply chain into existence. Also, wealthy buyers and expensive cars will now be ineligible for up to $7,500 in tax credits. Currently, millionaires wishing to purchase ultra-expensive electric vehicles like the Ferrari SF90 Stradale are eligible for a tax credit, but that will change once the reconciliation bill becomes law.

politico.com

Buying an electric vehicle? Might want to pay up fast.

@politico

A slew of electric cars currently on the market will be ineligible for federal tax credits starting next week.

Link:www.politico.com/newsletters/weekly-tr...

Politico is wrong.

We don't yet know which models will meet the criteria. The final rules will be set by the Department of Energy. Under the bill, the DOE has until the end of the year to finalize the rules. Also, some vehicles may qualify for half credit, $3750. The critical minerals part of the bill is something I actually like and I'm glad Manchin put it in there.

However, the critical minerals provision is so complicated that I'm wondering if the DOE will be able to meet their deadline. So we could see some sort of waiver.

Also note that the $4000 tax credit for used EVs does not have a critical minerals requirement. But to qualify, the buyer needs an AGI below $75K for an individual or $150K for a couple. And the used EV must have a price of $25K or less.

I know more about this stuff than Politico.

This is exactly the reason "Joedirty" gave on a earlier post for supporting Trump.

carmine believes everything carmine says.

Scary

You don't find it "scary" in the least bit. So why say it? Oh, because non-idiots are saying that there are truly scary things going on in this country that could significantly degrade our democracy. So, you turn it around and call other stuff "scary." Like the morans do with just about everything, now. Taking a cue from your elderly child leader.

Moreover, deep down, you know damn well that agip's sources - actual journalists, who may vary from somewhat left-biased to pretty damn straight - are nearly infinitely better than your sources of information.

Another day, more dumb sh** from the folks who seem to think that this all just a harmless online gotcha game....

"My mind is made up! Do not attempt to confuse me with your 'facts' and 'logic'!"

While I'd be a massive hypocrite if I actually objected to journalists and academics and observers trying to "get to the bottom" of Trump's appeal, I can't help but to normally find the conclusions at least a LITTLE bit "excusatory," or a bit more generous than they should be.

Part of the reality, oftentimes, is that people are SIMPLY dumb and/or nasty. IF, I say again, IF the package of Trump's message came in a package that didn't deafeningly scream "AS*H*** from 100 miles away, it would be one thing. But of course, it does. An anti-elitist message from a billionaire (or close enough)? Got it. "Drain the swamp" from a guy who drips grease and dishonesty 24/7? Got it. Etc., etc., etc.

So, sure, journalist/academics, keep digging. No problem. Nuance is good. But at the end of the day, here's the Trumpism answer: America has a LOT of citizens who are dumb (actually not seeing Trump for what he is) and/or bad (LIKING his worst traits) and/or thoroughly unprincipled (covering pretty much everything he embodies).

Meanwhile Biden is really killing it. Inflation is going down, thanks to Biden gas prices are going down, unemployment is at an all time low (recent grads are not going through the usual stress of not being able to find GOOD jobs), the stock market is going back up, first president to pass the long needed an infrastructure bill, first president to actually pass legislation to address the climate change emergency, he took on big pharma to lower drug prices, passed tax legislation to reduce the obscene economic inequality, took out the number 2 guy behind 9/11, after years of being in a terrible quagmire got us out of Afghanistan, brought us back to a leadership and respected position in the world, he is a world defender of democracy, and has brought ethics back to government.

Republicans will never give him credit but will democrats under 40 see the positives that he has done? Will he ever get credit?

THANK YOU BRANDON!

And today, the Inflation Reduction Act will be signed into law.

Go dark Brandon!

Image:i0.wp.com/hyperallergic-newspack.s3.am...

Also, Dark Brandon is increasing IRS funding to allow them to enforce tax laws (oh no!) and go after tax cheats, and he got us through the world-wide covid crisis.

He appointed people that will ENFORCE THE LAW, scaring the hell out of Trump and his band of criminal followers.

One more thing, he beat the hell out of Trump in the 2020 election!

It is not just Politico saying this. I have seen other news organizations saying pretty much the same thing. You sound like Flagpole when you say you know more than Politico.

NY post saying same thing.

nypost.com

Most electric vehicles won’t qualify for Inflation Reduction Act tax credit

@nypost

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.

Link:nypost.com/2022/08/09/most-electric-ve...

Inflation was flat for a month, and it has more to do with the economy being in recession than any great action taken by Biden. Prices are still considerably higher than they were when he took office (or have you not been to the grocery store or eaten out in the past six months?). Consumer debt hit an all-time high a few weeks ago and is continuing to grow and personal savings are dwindling. The stock market rally is a bear market rally that won't last as consumption will drop off in response to mounting consumer debt (watch when Walmart's earnings are announced this morning). Unemployment is low, but a lot of that is due to people choosing not to work (employment participation is about 1.5% lower than pre-pandemic). Manufacturing fell off a cliff last month. High interest rates are causing the housing market to quickly crater, etc. The infrastructure bill had bipartisan support. The Inflation Production Act did not and will do little other than transfer wealth from businesses to special interests that paid for the "big guy" to get elected. The American Rescue Plan that he passed without bi-partisan support is the primary cause of the current inflation crisis we are experiencing, as it was not needed. He has damaged allegiances with numerous countries (Israel and Saudi Arabia in particular with his pro-Iran gestures) and his policies have fomented instability in places like Ukraine and Taiwan.

And Forbes

forbes.com

New Clean Vehicle Tax Credit Plan Means Most EVs No Longer Qualify

John O'Dell

Customers interested in an EV will see fewer models with $7,500 in tax credits that lower the cost after a revamped federal program was signed into law.

Link:www.forbes.com/wheels/news/new-clean-v...

He took on big pharma and the Republicans and won lower drug prices for the common guy.