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News Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
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CrimsonPhantom Offline
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Post: #61
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:Chinese state media on Friday heckled President Joe Biden’s massive “infrastructure” spending proposal because the $2 trillion plan is supposedly “anti-China” in its outlook – meaning Biden has been selling the plan by stressing the importance of competing with China.

China’s state-run Global Times jeered that no U.S. administration could handle infrastructure projects as well as authoritarian China, where “the incentive to invest is strong and the general public is very supportive.”

The Global Times suggested Americans try learning some lessons from superior China instead of scapegoating it for alleged American failures and daydreaming about competing with it:

The US now has China everywhere in its mind with regard to its domestic policy, attaching labels of national security randomly, and blaming China for any industrial imbalance in the US. Apart from instigating nationalism, this would do little to solve the problem. Over time, the US will not only be down with an anti-China syndrome and strike at anything Chinese, but will also only be able to make its policy with anti-China elements. This will lead to the misdirection of its goal time and again and cause it lose its way in development.

The US should force itself to forget about China more often. What the US needs to do is struggling with itself. It has been more than a decade since it has called for the construction of the high-speed railway. Why hasn’t a single kilometer been built? What does this inefficiency have to do with China? Trump overturned many of Obama’s policies and now Biden overturned Trump’s policies. Is this what China seduced the US to do?

It is quite impressive that Washington is beginning to value some important lessons from China. Conflict is also a way to learn from each other. China’s key experience is to mind its own work well. Biden’s determination to improve infrastructure and increase investment in technology seems to have taken something from China’s direction. We hope that the US could adhere to this idea. It is the right way forward.

Another Global Times editorial said, “Chinese enterprises, with rich experience and strong ability,” are willing to participate in Biden’s infrastructure blowout – unless the Biden administration foolishly excludes them:

The infrastructure plan involves many sectors, but Chinese firms may have opportunities only in certain traditional infrastructure projects such as bridges, highways, and ports due to US’ current China policy, Gao Lingyun, an expert at the Chinese Academy of Social Sciences in Beijing who closely follows China-US trade relations, told the Global Times on Thursday.

“Chinese companies’ participation in the US has been influenced by the tense bilateral relationship over the past few years. They have encountered many obstacles and problems,” a wind power industry practitioner who used to work as manager at Chinese wind power enterprise Guodian United Power Technology Co, told the Global Times on Thursday, on the condition of anonymity. In the past few years, both United Power and Beijing Goldwind Science & Creation Windpower Equipment Co had projects in the US.

[…]

Apart from power, Gao added that in some high-tech sectors, such as the construction of 5G and 6G facilities, Chinese firms, even with fairly competitive strength that could save both money and time more effectively than their US counterparts, would be ruled out from the beginning.

The Global Times quoted Chinese analysts who said the U.S. is “underinvesting and overconsuming, as can be seen from its trade deficit,” and doubted any level of infrastructure enhancement would be enough to woo foreign investors back to the United States because America’s manufacturing sector has been “dormant” for too long.

These Chinese observers also thought the massive corporate tax hikes threatened by the Biden administration “sound horrifying for enterprises and affluent people,” who are “likely to transfer their wealth overseas to cities like China’s Shanghai or Hong Kong” to avoid Biden’s tax grabs.

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04-02-2021 07:12 PM
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CrimsonPhantom Offline
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Post: #62
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:Senator Bernie Sanders (I-VT) said Sunday on CNN’s “State of the Union” that he was working to include “human infrastructure” into President Joe Biden’s infrastructure package.

Anchor Jake Tapper said, “So you think that things that one could argue are important but not necessarily a part of an infrastructure package such as dealing with college debt? You think that that should be a part of the bill?”

Sanders said, “Well, you know, it depends on what you call infrastructure. Roads and bridges and tunnels are infrastructure. I think many of us see a crisis in human infrastructure. When working-class families can’t find good quality affordable child care, that’s human infrastructure.”

He continued, “One of the areas that I am working on right now is the need to expand Medicare in order to provide dental care and hearing aids and eye glasses for millions and millions of seniors who need these services but can’t afford it. Is that infrastructure? I think it is. Look, Jake, the truth is, in so many ways, we are behind many other countries throughout the world in providing for working families and the elderly and the children. And I think now is the time to begin addressing our physical infrastructure and our human infrastructure. I want to see that happen as soon as possible.”

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04-04-2021 12:30 PM
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200yrs2late Offline
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Post: #63
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(04-02-2021 10:38 AM)Redwingtom Wrote:  
(04-02-2021 10:17 AM)vandiver49 Wrote:  
(04-01-2021 10:16 AM)Redwingtom Wrote:  
(03-30-2021 02:58 PM)bearcat65 Wrote:  Highway improvement yes but high speed rail has for the most part failed whenever attempted in the US.

Where in the US do we currently have high speed rail? The only thing that comes close is Amtrak's Acela Express that covers like 1 route through several cities, but that's only considered higher-speed rail and only covers a few areas with that higher speed.

Hard to say it has failed when we've never actually built it. 03-wink

A nationwide HSR system would be pointless as it would be slower than flying and magnitudes more expensive. Just look at the California High Speed Rail construction and its inflated costs.

While all that may be true, my only point is that we don't have any high-speed rail nor have we really tried to implement one outside of CA and the higher speed rail from Amtrak on the East coast. So you really can't say we've tried it and its failed.
That covers what, 70% of the US population and metro areas? I'd say that qualifies as trying it.

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04-04-2021 01:29 PM
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CrimsonPhantom Offline
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Post: #64
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
04-04-2021 05:14 PM
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Post: #65
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(04-04-2021 01:29 PM)200yrs2late Wrote:  
(04-02-2021 10:38 AM)Redwingtom Wrote:  
(04-02-2021 10:17 AM)vandiver49 Wrote:  
(04-01-2021 10:16 AM)Redwingtom Wrote:  
(03-30-2021 02:58 PM)bearcat65 Wrote:  Highway improvement yes but high speed rail has for the most part failed whenever attempted in the US.

Where in the US do we currently have high speed rail? The only thing that comes close is Amtrak's Acela Express that covers like 1 route through several cities, but that's only considered higher-speed rail and only covers a few areas with that higher speed.

Hard to say it has failed when we've never actually built it. 03-wink

A nationwide HSR system would be pointless as it would be slower than flying and magnitudes more expensive. Just look at the California High Speed Rail construction and its inflated costs.

While all that may be true, my only point is that we don't have any high-speed rail nor have we really tried to implement one outside of CA and the higher speed rail from Amtrak on the East coast. So you really can't say we've tried it and its failed.
That covers what, 70% of the US population and metro areas? I'd say that qualifies as trying it.

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at least he got 'taxpayers got fk'd up the arse correct'

like tiger, that ol' boy toy knows how to dick himself proper-like...
04-04-2021 07:50 PM
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Owl 69/70/75 Offline
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Post: #66
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(04-01-2021 10:16 AM)Redwingtom Wrote:  While all that may be true, my only point is that we don't have any high-speed rail nor have we really tried to implement one outside of CA and the higher speed rail from Amtrak on the East coast. So you really can't say we've tried it and it's failed.

None of those have been what should properly be called high speed rail. When Europe and Japan have high speed rail doing 130-160 mph, with cabins more nicely appointed than first class air, while we do well to average over 70 in decrepit cars, no we haven't really tried high speed rail.

Comparing USA "high speed rail" to a Eurostar or Shinkansen is like comparing hitchhiking to space travel.
04-04-2021 10:07 PM
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bearcat65 Offline
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Post: #67
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(04-02-2021 12:52 PM)Owl 69/70/75 Wrote:  
(04-02-2021 12:42 PM)Redwingtom Wrote:  And his tax cut that was passed in his first year in office blew a gaping hole in the debt and deficit.

The gaping hole was blown into it by the legacy programs handed to him by Obama, I can provide proof if you like.

The impact of Trump's tax cuts was minor compared to that.

It's remarkable how Tom and other liberals ignore this every time it's brought up.
04-05-2021 08:18 AM
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Owl 69/70/75 Offline
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Post: #68
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(04-05-2021 08:18 AM)bearcat65 Wrote:  
(04-02-2021 12:52 PM)Owl 69/70/75 Wrote:  
(04-02-2021 12:42 PM)Redwingtom Wrote:  And his tax cut that was passed in his first year in office blew a gaping hole in the debt and deficit.
The gaping hole was blown into it by the legacy programs handed to him by Obama, I can provide proof if you like.
The impact of Trump's tax cuts was minor compared to that.
It's remarkable how Tom and other liberals ignore this every time it's brought up.

In large part because republicans have never adequately pointed this out.
04-05-2021 08:32 AM
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CrimsonPhantom Offline
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Post: #69
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:President Joe Biden defended his definition of infrastructure during a speech at the White House on Wednesday on his proposed $2.5 trillion infrastructure plan.

“The idea of infrastructure has always evolved to meet the aspirations of the American people and their needs,” Biden said. “And it is evolving again today.”

Biden defied Republican criticism that his bill did not spend enough on roads, bridges, airports, and ports, and too much on “Green New Deal” priorities.

“That’s just not rational, it really isn’t,” Biden said defiantly.

Only about 25 percent of Biden’s proposed $2.5 trillion plan actually funds basic infrastructure, including roads, bridges, airports, and ports as well as rail projects, replacing lead pipes and water systems, electric transmission systems, and the expansion of broadband internet.

But Biden defended proposed spending on climate change initiatives including electric vehicles and charging stations, electric school busses and federal vehicles, and clean energy technology.

He argued the natural disasters destroying homes and businesses were a consequence of climate change, which had to be addressed in future spending plans.

Biden urged Americans to dream of a time when their children could travel on high-speed rail as fast as an airplane or traveling across the country on a single tank of gas.

“That’s why I brought scientists back into the White House,” he said.

He warned China and other countries in the world were investing heavily into research and development, and that America had to do the same.

China, he argued, was “counting on American Democracy to be too slow, too limited, and too divided to keep pace” with them.

Biden said he would be willing to negotiate with Republicans on the details of his plan, but wanted to do something.

“We will not be open to doing nothing. Inaction is simply not an option,” Biden said.

He also said he wanted to pay for the massive spending plan with higher taxes on the wealthy and corporations.

“I’m not trying to punish anybody but dammit, maybe it’s because I come from a middle-class neighborhood, I’m sick and tired of ordinary people getting fleeced,” he said.

Biden acknowledged he was willing to negotiate the corporate tax rate, which he wanted to raise from 21 percent to 28 percent.

“I’m willing to listen to that,” he told reporters after his speech.

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04-07-2021 04:27 PM
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CrimsonPhantom Offline
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Post: #70
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:Comment|Print| A A
Sen. Kirsten Gillibrand D-N.Y., kicked off a firestorm Wednesday, when she tweeted out, in light of President Biden's current infrastructure plan, that "Paid leave is infrastructure. Child care is infrastructure. Caregiving is infrastructure."

The tweet incurred a backlash from conservatives across the internet. Conservative pundit Ben Shapiro replied with an absurdist approach, "Unicorns are infrastructure. Love is infrastructure. Herpes is infrastructure. Everything is infrastructure."

Ben Domenech, publisher of The Federalist, replied, "Brunch is infrastructure. Kendall Jenner is infrastructure. The Snyder Cut is infrastructure."


Others, from the likes of Donald Trump Jr. to Illinois Rep. Mary Miller, continued to lambast the senator's tweet.

Rep. Miller tweeted: "Border walls are actually infrastructure."

Donald Trump Jr. tweeted: "I don't think any of those things are infrastructure, but you know what is??? THE WALL"

Even Sen. Ted Cruz tweeted out with a response of similar ilk pointing to absurdism.

"Abortion is infrastructure. Gun control is infrastructure. Forced unionization is infrastructure. Whatever the Left wants is infrastructure. You know what's not? Roads & bridges. ONLY 5% OF BIDEN's 'INFRASTRUCTURE' BILL IS ROADS & BRIDGES."

But it wasn't just conservatives who came out in response to Gillibrand's tweet. Former MSNBC host and liberal commentator Keith Olbermann mentioned the senator's use of the word 'infrastructure' was devaluing language.

"No, Senator. These are all vital needs. I would argue they are as important as nuts and bolts and grids and networks. But when you drain a word of it's meaning, you damage its impact, your cause, and the value of language."

Evolutionary behavioral scientist Gad Saad, had this to say:

"Exactly. Violent crime is climate change. Open borders is climate change. Defund the police is climate change. People menstruate is climate change. Voting fraud is climate change. [I'll retweet.]"

Transportation Secretary Pete Buttigieg, made an allusion to defending Sen. Gillibrand's position in a separate tweet.

"There was a time when railroads weren't considered "infrastructure." Then we built them. Now's the time to build the 21st century economy Americans need. #AmericanJobsPlan"

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04-07-2021 05:12 PM
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