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shasheene | 4 years ago

I'd argue Joe Manchin (Democratic Senator of West Virginia) has single-handedly changed an eye-watering $3.5 trillion dollar spending bill into what appears to be a slightly less eye-watering $1.5 trillion package. The lower number (and thus lower taxes) makes it much more acceptable to a broader fraction of US society. Assuming the bill passes, it's an example of compromise working (but within negotiations of a single party).

The key thing is if one party wants to be able to pass the larger number without that pivotal vote, they need to appeal to a greater fraction of society and win more seats so they don't require that particular vote.

discuss

order

_ph_|4 years ago

Well, that first of all depends on whetehr the budget cut is a good thing for the US and the world. From what I understand, this package is about fighting the climate change and investing into infrastructure and economy. Yes, government spending always bears the risk of taxes, but the idea behind government spending is to get neccessary things done. As an outsider, it is not obvious to me, that this resistance was a good thing. Neither for the US nor the world, as we are facing an existential crisis.

Also, as the sums are spent over many years, the numbers appear higher than they might be. Like people calculating how much money it costs to replace every single car in a country with an electric car. That numer is eye-watering too. What often isn't told, is that this amount of money is spent on new cars in the same time frame anyway. Choosing an electric instead of a combustion engine car the next time you buy a new car has actually little extra cost.

And you should sum up just the military budget in the same time frame :)