Just saw that the prices of EVs are expected to jump between 7k and 10k in the coming weeks. Manufacturers claim it's a difficult getting ahold of battery materials, but seems way more likely it's simply a money grab: government just passed a 7500 tax credit, rebate for purchasing an EV, it seems much more likely that manufacturers decided just to pocket that..
2nd, airlines are cancelling hundreds of flights a day. Essentially a beach of contract that no one is holding them accountable for.
3rd, oil companies have recorded record profits while driving a recession and inflation by raising oil prices.
Question: why is it so hard to see that these corporations should be regulated? Oil companies should be unable to earn a profit when gas prices are doubled. Simple. Manufacturers of EVs shouldn't be able to run their obvious little scheme, and flights that are cancelled should carry harsh penalties. Simply put, why isn't anyone fixing this shit?
I ordered my EV last September. Still no build date. So there definitely is a component supply issue (either that or they're trying to fob me off since I locked in a wayyyy better price than what they are going for now).
I want one. Really want a pickup. Looked at the Maverick, just too small... Ranger, Colorado, Tacoma, very best gas mileage there is 21-25mpg...
But the Lightning and Rivian are just insanely priced. 70k easy... At this point I'm just thinking of buying a Colorado, and hoping everyone else buys an EV so gas prices go down...
Registered: Jul 2005
Location: Captain's Chair, CA
Not just EV, that same friend I mentioned above that has the Chevy Colorado, has ordered a new Ford F150 (for towing his caravan) and he's on a 4-5 month wait due to world wide shortages. 4-5 months for a Ford F150 in America, completely unheard of.
Yeah electric aint cheap. Which is stupid given they want more people to switch over.
Good. I want everyone to wait until I get my ID4. Driving a second hand shitty polo atm, which im just fed up of. But guess it gets me from A to B, so shouldnt complain.
That's one of my points really, the government just passed a bill to make them more affordable to the common person, and the 1 percent are simply taking that money. Where is the bill to penalize that chicken shit theft? Armed robbery is not nearly so successful at stealing, and yet is way more illegal. Capitalism should be heavily regulated. Obvious stealing from the tax payer on such a large scale should be unthinkable. Sorry, but the man on the throne is Biden, and he is doing nothing to correct this. Not even drawing attention to it.
Registered: Jul 2005
Location: Captain's Chair, CA
"government just passed a 7500 tax credit, rebate for purchasing an EV" -you
By your own words it seems Biden did something?
If you're complaining about the manufacturers upping the prices of their vehicles, that's capitalism and the free market for you, don't like it, buy something else. That's how that thinking goes.
As is always the case, people think that the President has way more power than he actually has. It's not like the man can just sign an executive order that bans Exxon-Mobile from charging more than $2/gallon, or whatever.
The rebate thing is actually a great example of how cucked the President is at dealing with stuff like this. If Biden gave every American 1 million dollars tomorrow, loaves of bread would cost $800,000 each the day after.
__________________
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
There are things the government can do curtail shitty corporate practices, it just takes more than what the executive branch can do, which is a problem because the presidency is the only thing American voters give a **** about.
Price fixing for example is illegal, but in order to really take a bite out of the ass of companies who do it you would need a large investigation and punishment plan, which would require going through the house, the senate and probably congress. So what do you do as the President when you have a senate or a house who's only mission in life is to **** you over?
__________________
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
Registered: Jul 2005
Location: Captain's Chair, CA
The federal fuel tax is only 18 (gas) and 24 (diesel) cents per gallon of fuel, so even completely doing away with it is not going to make a large difference. $4.32 is the average for a gallon of gas right not, it being $4.24 isn't going to be life changing.
The US corp tax rate is now a very low flat 21% after the Republican revamping in 2017. That didn't make corporations give back as was claimed and the selling point, they largely just pocketed the money for their share holders and exes. Trump’s Corporate Tax Cut Is Not Trickling Down
Big Oil is price gouging again, as there's no shortage of oil right now or in the near future as the today price is based on future speculation.
Why do people think that giving corporations money somehow leads to lower prices.
__________________
"The Daemon lied with every breath. It could not help itself but to deceive and dismay, to riddle and ruin. The more we conversed, the closer I drew to one singularly ineluctable fact: I would gain no wisdom here."
Registered: Jul 2005
Location: Captain's Chair, CA
The Right has been pushing this since at least the late 70s and poor and middle-class Rightist keep falling for it over and over.
The Reagan Economic Recovery Tax Act (1981) & The Tax Reform Act (1986), the Bush Economic Growth and Tax Relief Reconciliation Act (2001) & Jobs and Growth Tax Relief Reconciliation Act (2003) and the Trump Tax Cuts and Jobs Act (2017) all didn't lead to to the already uber rich pouring golden coins down upon the rabble because they were effectively given even more money, they kept the profits and poured urine instead. That's the "trickle down", they're talking about. These invariably lead to the economy taking a dive as someone has to eventually pay for it.
"a 2013 research paper by professors of economics Alan Blinder and Mark Watson at Princeton University. With a Republican in the White House, though, the economy's growth slowed to 2.54%, the economists found. With a Democrat in office, growth jumped to 4.35% on average." -snip
It's filled with lovely tables and charts showing the data year after year.
Aug 10th, 2022 12:54 AM
