Is Joe Biden's infrastructure deal really just corporate welfare?

Larry Kudlow took a blow-torch to Joe Biden's infrastructure plan in Friday's monologue. He said "The Biden administration is now rolling towards its goal of a Green New Deal. The infrastructure deal has about $140 billion worth of subsidies and government investment funds. Subsidies for electric cars, electric charging stations. A transformation of our utility grid, handouts to certain companies, a slush fund for the energy department, all under the general grandiose goal of net-zero emissions by some date certain yet to be determined. American car-makers are boasting that electric vehicles will be half of their sales by 2030 even though right now they're only 3%. Mind you this whole exercise is a textbook case of central planning that is unprecedented in this country."

That's the definition of corporate welfare. It's also the personification of central planning. Government makes the decisions. Subjects, not citizens, get to obey the government's orders.

Second, the Green New Deal utopians have no idea of the cost and difficulties of creating an entire new infrastructure. Nor do they understand that a new infrastructure would generate enormous carbon emissions by itself. Nor do they understand that the minerals and materials that go into electric power and batteries and new electricity grids and so forth are simply not available to the United States at the present time.

The Biden administration is reducing access to minerals and oil and gas resources. Leases are being canceled at the Arctic National Wildlife Refuge. The Keystone pipeline was canceled. Far-left ideologs are in charge of the Environmental Protection Agency and the Energy and Interior Departments.

To generate battery driven autos and anything else, we need minerals like nickel, cobalt, lithium, and copper. Guess who has them. China. Some 95% of rare earth mining and processing is done in the communist country. They have a monopoly.

Frankly, this is worse than Solyndra 2.0. It makes our transportation system dependent on China. It can't be built within a short time frame. Even if it could, it's too expensive for families. This is classic Marxism. People are instructed on what to do. The thought of citizens being given the right to choose what they'll do is thrown out the window.

That's before taking into consideration the fact that we don't have the raw materials to make this happen. Strengthening China while weakening the US is foolish. This is why it's imperative to a) throw Biden out in 2024 and b) establish strong GOP majorities in the House and Senate:

The recent bans by the Bidens on mining for all resources have decreased access to federal lands, and they seek to impose penalties on oil, gas and coal producers.

In short, the Biden administration has no planning for the scale of investments necessary in critical minerals and a brand new infrastructure. Their hopes for a vast emission reduction will decimate this country’s consumers, businesses, factories, jobs, and the economy.

Middle and lower income persons will suffer enormously from higher costs and lack of availability of power. You can’t have growth, without power. Under the Trump administration, power was made cheap, accessible, and plentiful as the economy boomed. With the Bidens it is exactly the reverse.

It's time for citizens to demand that this administration stop with limiting their right to make their own decisions. If I want to buy a diesel SUV, that should be my choice. If this administration wants to limit GHG emissions worldwide, then why limit it to vehicles? Why shouldn't we demand that China reduce their emissions? If China refuses, which is their right, then we should slap crippling tariffs on China. Period.

 

China is the world's biggest polluter. Why shouldn't we demand that they clean up their act? It's time for the US to stop being soft with China while Democrats appease (and even apologize to) China.

This is corporate welfare on an unprecedented scale. For that reason, it should be rejected. Republicans voting for this should be primaried, too. People like Sen. Cassidy, Sen. Capito and others should be primaried the next time they run. They aren't real Republicans. They're corporatists.