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Legit, the conversation new reporter asked a House Rep. Insane

Legit, the conversation new reporter asked a House Rep. Insane | WHAT PARTS OF THE BILL WILL LOWER INFLATION? THE INFLATION REDUCTION ACT WILL WORK; NEXT QUESTION | image tagged in npc meme,biden,inflation,democrats | made w/ Imgflip meme maker
935 views 42 upvotes Made by JAWILLI 2 years ago in politics
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9 Comments
3 ups, 2y,
1 reply
Pete Buttigieg | DON'T YOU GET IT BY NOW. WE'RE SUBSIDIZING THE BIG AUTO MAKERS AND FORCING THEM TO MAKE EV CARS WE PLAN FOR GAS PRICES TO GET HIGHER AND FOR | image tagged in pete buttigieg | made w/ Imgflip meme maker
1 up, 2y,
1 reply
I don't know if it was an accurate report or not, but I heard that in order to get the rebate for buying an EV, its battery has to be US-made. Good luck with that.
2 ups, 2y,
1 reply
Bingo | BINGO | image tagged in bingo | made w/ Imgflip meme maker
Do you know what percentage of batteries are made in the U.S. that would qualify for this "tax-rebate" which is actually subsidized by your inflated tax dollars already?
1 up, 2y,
1 reply
I do not! That's why I mentioned that I didn't know if the report was accurate or not.

And I'm not interested enough in this latest demotard boondoggle to do any research into it. I do recall hearing that our dear friends running China, the CCP, have made great inroads towards cornering the market on the source metals needed for EV battery production. So it would be logical to assume China is #1, probably by a good margin.

Regardless, I can only assume that when libtards are involved, they'll... 1) choose an approach that is anti-American, and 2) screw it up somehow.

But I hate to assume...
1 up, 2y,
1 reply
Sorry, I meant for my reply to be sarcastic. But I did a little digging into this and found that 58% of the world's lithium supply comes from China, Argentina and Bolivia. China, South Korea and Japan control 87% of the world's EV battery manufacturing. The U.S., as a whole, does domestically produce 70% of battery cells, but almost all of those domestic batteries are made by Tesla. FYI, Tesla was not included in the EV bill or even in the discussion with gov't about switching to EV cars, only the big traditional ICE auto makers got to chat with Biden's administration.

So it's very clear this bill is just more of the same, big industry lobbyists getting richer with congressmen while we pay for it all.

https://www.treehugger.com/who-makes-electric-car-batteries-5204752
1 up, 2y
Biden bingo! | "SO IT'S VERY CLEAR THIS BILL IS JUST MORE OF THE SAME, BIG INDUSTRY LOBBYISTS GETTING RICHER WITH CONGRESSMEN WHILE WE PAY FOR IT ALL." | image tagged in biden bingo | made w/ Imgflip meme maker
No worries about your reply. I sense a bit of sarcasm, but wasn't entirely certain. I didn't mean for my reply to be anything less than serious.

Regardless, I'm glad you looked into the facts of the matter. I recall hearing some news about China buying up the mineral rights from relatively poor African countries, so I'm not surprised to see Bolivia mentioned as well, although again tbh, I don't know much about Bolivia, so I don't want to throw them in the same category without knowing for sure.

China may have their hooks into other mineral rich, relatively poor countries as well. As evil as they are, we can't accuse them of stupidity. And they definitely think more long term than I think we do.

Why am I not surprised that Tesla was frozen out of this? Politicians are gonna be politicians, and that means favoritism, not what's best for the people. It's pretty sickening imo.
2 ups, 2y
I said New, I meant News.
1 up, 2y
1 up, 2y
Coin for the crown
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WHAT PARTS OF THE BILL WILL LOWER INFLATION? THE INFLATION REDUCTION ACT WILL WORK; NEXT QUESTION