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2021-04-01

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Prepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote>

Progressives have their eyes on on your wallet to pay for their big government schemes. And it looks

Prepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote>

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":357667973,"tweetId":"357667973","gmtCreate":1617268652992,"gmtModify":1634521702148,"author":{"id":3577327947648485,"idStr":"3577327947648485","authorId":3577327947648485,"authorIdStr":"3577327947648485","name":"banatato","avatar":"https://static.tigerbbs.com/62f28c7b03b45ed51169a288510415cc","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>good read</body></html>","htmlText":"<html><head></head><body>good read</body></html>","text":"good read","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/357667973","repostId":1176034429,"repostType":4,"repost":{"id":"1176034429","kind":"news","pubTimestamp":1617265621,"share":"https://www.laohu8.com/m/news/1176034429?lang=zh_CN&edition=full","pubTime":"2021-04-01 16:27","market":"us","language":"en","title":"Prepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176034429","media":"zerohedge","summary":"Progressives have their eyes on on your wallet to pay for their big government schemes. And it looks","content":"Progressives have their eyes on on your wallet to pay for their big government schemes. And it looks like Biden will oblige them.<blockquote>进步人士盯上了你的钱包，为他们的大型政府计划买单。看起来拜登会答应他们。</blockquote> $10 Trillion for Climate and Infrastructure<blockquote>10万亿美元用于气候和基础设施</blockquote> The National Review reports Liberal Senators Push Biden for a&nbsp;$10 Trillion Climate and Infrastructure Bill<blockquote>《国家评论》报道自由派参议员推动拜登提出10万亿美元的气候和基础设施法案</blockquote> On Monday, Sen. Edward J. Markey (D-Mass.) and Rep. Debbie Dingell (D-Mich.) unveiled a climate and infrastructure plan that called for $10 trillion in spending over the next decade. Biden’s initial campaign pledge to invest $2 trillion over four years was already inadequate to confronting climate change, and his coming proposal may be even less so, said Robert Pollin, an economist at the University of Massachusetts Amherst, who helped craft the Markey-Dingell plan. Pollin said a $3 trillion investment only amounted to about 1.3 percent of America’s gross domestic product.To put the $10 trillion Markey and Dingell are proposing in perspective, over the next decade, the Congressional Budget Office&nbsp;expects&nbsp;that we’ll spend $1.4 trillion on veterans’ programs, $6 trillion on Medicaid, $8.5 trillion on defense, and $8 trillion on all other non-defense discretionary spending. The Markey-Dingell bill would be higher than any of these parts of the budget, only it would come on top of all of these existing expenditures. Biden's Big Plans<blockquote>周一，马萨诸塞州民主党参议员爱德华·J·马基(Edward J.Markey)和密歇根州民主党众议员黛比·丁格尔(Debbie Dingell)公布了一项气候和基础设施计划，要求在未来十年内支出10万亿美元。帮助制定马基-丁格尔计划的马萨诸塞大学阿默斯特分校经济学家罗伯特·波林表示，拜登最初的竞选承诺在四年内投资2万亿美元已经不足以应对气候变化，他即将提出的提案可能更不足以应对气候变化。波林表示，3万亿美元的投资仅相当于美国国内生产总值的1.3%左右。为了正确看待马基和丁格尔提出的10万亿美元，国会预算办公室预计，在未来十年，我们将在退伍军人计划上花费1.4万亿美元，在医疗补助上花费6万亿美元，在国防上花费8.5万亿美元，在所有其他非国防可自由支配支出上花费8万亿美元。马基-丁格尔法案将高于预算的任何部分，只是它将出现在所有这些现有支出之上。拜登的大计划</blockquote> The Wall Street Journal comments&nbsp;Behind Biden’s Big Plans: Belief That Government Can Drive Growth<blockquote>《华尔街日报》评论拜登大计划背后：相信政府可以推动增长</blockquote> The Biden economic team’s ambitions go beyond size to scope. The centerpiece of their program—a multitrillion-dollar proposal to be rolled out starting Wednesday, less than a month after a $1.9 trillion stimulus—seeks to give Washington a new commercial role in matters ranging from charging stations for electric vehicles to child care, and more responsibility for underwriting education, incomes and higher-paying jobs.The administration has also laid the groundwork for regulations aimed at empowering labor unions, restricting big businesses from dominating their markets and prodding banks to lend more to minorities and less for fossil-fuel projects. All while federal debt is currently at a level not seen since World War II.It all marks a major turning point for economic policy. The gamble underlying the agenda is a belief that government can be a primary driver for growth. It’s an attempt to recalibrate assumptions that have shaped economic policy of both parties since the 1980s: that the public sector is inherently less efficient than the private, and bureaucrats should generally defer to markets.The administration’s sweeping plans reflect a calculation that “the risk of doing too little outweighs the risk of doing too much,” said White House National Economic Council Director Brian Deese. “We’re going to be unapologetic about that,” he said. “Government must be a powerful force for good in the lives of Americans.” Crazy Thinking<blockquote>拜登经济团队的野心超越了规模和范围。他们计划的核心——一项数万亿美元的提案将于周三开始推出，距离1.9万亿美元的刺激计划不到一个月——旨在让华盛顿在从电动汽车充电站到儿童保育等问题上扮演新的商业角色，以及承担更多教育、收入和高薪工作的责任。政府还为旨在赋予工会权力的法规奠定了基础，限制大企业主导市场，并敦促银行增加对少数族裔的贷款，减少对化石燃料项目的贷款。与此同时，联邦债务目前处于二战以来的最高水平。这一切都标志着经济政策的一个重大转折点。议程背后的赌博是一种信念，即政府可以成为增长的主要驱动力。这是试图重新调整自20世纪80年代以来影响两党经济政策的假设：公共部门本质上不如私营部门效率，官僚通常应该尊重市场。白宫国家经济委员会主任布莱恩·迪斯表示，政府的全面计划反映了一种计算，即“做得太少的风险大于做得太多的风险”。“我们不会为此道歉，”他说。“政府必须成为美国人生活中一股强大的向善力量。”疯狂的想法</blockquote> If you think this is crazy, you are thinking correctly.<blockquote>如果你认为这很疯狂，那你就想对了。</blockquote> If you don't think this is crazy, you are crazy.<blockquote>如果你不认为这很疯狂，那你就是疯了。</blockquote> The notion that government can spend money wisely and allocate resources wisely has been disproved countless times.<blockquote>政府可以明智地花钱和明智地分配资源的观念已经被无数次证明是错误的。</blockquote> Take a look at Soviet 5-year plans, Venezuela, Japan for the last three decades, or dozens of other examples.<blockquote>看看苏联的五年计划、委内瑞拉、日本过去三十年的计划，或者其他几十个例子。</blockquote> A Word About Capitalism<blockquote>关于资本主义的一句话</blockquote> The saving grace of capitalism is failure. Good ideas are rewarded, bad ideas fail.<blockquote>资本主义的可取之处是失败。好主意会有回报，坏主意会失败。</blockquote> We don't have failure, we have bank bailouts, student loan bailouts, housing bailouts, and so many moral hazard market interventions by the Fed and Congress I cannot even name all the facilities or tools.<blockquote>我们没有失败，我们有银行救助、学生贷款救助、住房救助，以及美联储和国会如此多的道德风险市场干预，我甚至无法说出所有的设施或工具。</blockquote> And without failure, you don't have capitalism.&nbsp;So don't tell me that we need big government because capitalism doesn't work.<blockquote>没有失败，你就没有资本主义。所以不要告诉我我们需要大政府，因为资本主义行不通。</blockquote> The problem is lack of capitalism not a failure of capitalism. Governments fail and ideas fail, capitalism doesn't fail.<blockquote>问题是缺乏资本主义，而不是资本主义的失败。政府失败了，思想失败了，资本主义不会失败。</blockquote> Regardless, more big government ideas are about to be tested.<blockquote>无论如何，更多的大政府想法即将受到考验。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nzerohedge2021-04-01 16:27\n\n</h4>\n</header>\n<article>\nProgressives have their eyes on on your wallet to pay for their big government schemes. And it looks like Biden will oblige them.<blockquote>进步人士盯上了你的钱包，为他们的大型政府计划买单。看起来拜登会答应他们。</blockquote> $10 Trillion for Climate and Infrastructure<blockquote>10万亿美元用于气候和基础设施</blockquote> The National Review reports Liberal Senators Push Biden for a&nbsp;$10 Trillion Climate and Infrastructure Bill<blockquote>《国家评论》报道自由派参议员推动拜登提出10万亿美元的气候和基础设施法案</blockquote> On Monday, Sen. Edward J. Markey (D-Mass.) and Rep. Debbie Dingell (D-Mich.) unveiled a climate and infrastructure plan that called for $10 trillion in spending over the next decade. Biden’s initial campaign pledge to invest $2 trillion over four years was already inadequate to confronting climate change, and his coming proposal may be even less so, said Robert Pollin, an economist at the University of Massachusetts Amherst, who helped craft the Markey-Dingell plan. Pollin said a $3 trillion investment only amounted to about 1.3 percent of America’s gross domestic product.To put the $10 trillion Markey and Dingell are proposing in perspective, over the next decade, the Congressional Budget Office&nbsp;expects&nbsp;that we’ll spend $1.4 trillion on veterans’ programs, $6 trillion on Medicaid, $8.5 trillion on defense, and $8 trillion on all other non-defense discretionary spending. The Markey-Dingell bill would be higher than any of these parts of the budget, only it would come on top of all of these existing expenditures. Biden's Big Plans<blockquote>周一，马萨诸塞州民主党参议员爱德华·J·马基(Edward J.Markey)和密歇根州民主党众议员黛比·丁格尔(Debbie Dingell)公布了一项气候和基础设施计划，要求在未来十年内支出10万亿美元。帮助制定马基-丁格尔计划的马萨诸塞大学阿默斯特分校经济学家罗伯特·波林表示，拜登最初的竞选承诺在四年内投资2万亿美元已经不足以应对气候变化，他即将提出的提案可能更不足以应对气候变化。波林表示，3万亿美元的投资仅相当于美国国内生产总值的1.3%左右。为了正确看待马基和丁格尔提出的10万亿美元，国会预算办公室预计，在未来十年，我们将在退伍军人计划上花费1.4万亿美元，在医疗补助上花费6万亿美元，在国防上花费8.5万亿美元，在所有其他非国防可自由支配支出上花费8万亿美元。马基-丁格尔法案将高于预算的任何部分，只是它将出现在所有这些现有支出之上。拜登的大计划</blockquote> The Wall Street Journal comments&nbsp;Behind Biden’s Big Plans: Belief That Government Can Drive Growth<blockquote>《华尔街日报》评论拜登大计划背后：相信政府可以推动增长</blockquote> The Biden economic team’s ambitions go beyond size to scope. The centerpiece of their program—a multitrillion-dollar proposal to be rolled out starting Wednesday, less than a month after a $1.9 trillion stimulus—seeks to give Washington a new commercial role in matters ranging from charging stations for electric vehicles to child care, and more responsibility for underwriting education, incomes and higher-paying jobs.The administration has also laid the groundwork for regulations aimed at empowering labor unions, restricting big businesses from dominating their markets and prodding banks to lend more to minorities and less for fossil-fuel projects. All while federal debt is currently at a level not seen since World War II.It all marks a major turning point for economic policy. The gamble underlying the agenda is a belief that government can be a primary driver for growth. It’s an attempt to recalibrate assumptions that have shaped economic policy of both parties since the 1980s: that the public sector is inherently less efficient than the private, and bureaucrats should generally defer to markets.The administration’s sweeping plans reflect a calculation that “the risk of doing too little outweighs the risk of doing too much,” said White House National Economic Council Director Brian Deese. “We’re going to be unapologetic about that,” he said. “Government must be a powerful force for good in the lives of Americans.” Crazy Thinking<blockquote>拜登经济团队的野心超越了规模和范围。他们计划的核心——一项数万亿美元的提案将于周三开始推出，距离1.9万亿美元的刺激计划不到一个月——旨在让华盛顿在从电动汽车充电站到儿童保育等问题上扮演新的商业角色，以及承担更多教育、收入和高薪工作的责任。政府还为旨在赋予工会权力的法规奠定了基础，限制大企业主导市场，并敦促银行增加对少数族裔的贷款，减少对化石燃料项目的贷款。与此同时，联邦债务目前处于二战以来的最高水平。这一切都标志着经济政策的一个重大转折点。议程背后的赌博是一种信念，即政府可以成为增长的主要驱动力。这是试图重新调整自20世纪80年代以来影响两党经济政策的假设：公共部门本质上不如私营部门效率，官僚通常应该尊重市场。白宫国家经济委员会主任布莱恩·迪斯表示，政府的全面计划反映了一种计算，即“做得太少的风险大于做得太多的风险”。“我们不会为此道歉，”他说。“政府必须成为美国人生活中一股强大的向善力量。”疯狂的想法</blockquote> If you think this is crazy, you are thinking correctly.<blockquote>如果你认为这很疯狂，那你就想对了。</blockquote> If you don't think this is crazy, you are crazy.<blockquote>如果你不认为这很疯狂，那你就是疯了。</blockquote> The notion that government can spend money wisely and allocate resources wisely has been disproved countless times.<blockquote>政府可以明智地花钱和明智地分配资源的观念已经被无数次证明是错误的。</blockquote> Take a look at Soviet 5-year plans, Venezuela, Japan for the last three decades, or dozens of other examples.<blockquote>看看苏联的五年计划、委内瑞拉、日本过去三十年的计划，或者其他几十个例子。</blockquote> A Word About Capitalism<blockquote>关于资本主义的一句话</blockquote> The saving grace of capitalism is failure. Good ideas are rewarded, bad ideas fail.<blockquote>资本主义的可取之处是失败。好主意会有回报，坏主意会失败。</blockquote> We don't have failure, we have bank bailouts, student loan bailouts, housing bailouts, and so many moral hazard market interventions by the Fed and Congress I cannot even name all the facilities or tools.<blockquote>我们没有失败，我们有银行救助、学生贷款救助、住房救助，以及美联储和国会如此多的道德风险市场干预，我甚至无法说出所有的设施或工具。</blockquote> And without failure, you don't have capitalism.&nbsp;So don't tell me that we need big government because capitalism doesn't work.<blockquote>没有失败，你就没有资本主义。所以不要告诉我我们需要大政府，因为资本主义行不通。</blockquote> The problem is lack of capitalism not a failure of capitalism. Governments fail and ideas fail, capitalism doesn't fail.<blockquote>问题是缺乏资本主义，而不是资本主义的失败。政府失败了，思想失败了，资本主义不会失败。</blockquote> Regardless, more big government ideas are about to be tested.<blockquote>无论如何，更多的大政府想法即将受到考验。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.zerohedge.com/economics/prepare-3-things-big-government-huge-boondoggles-massive-taxes\">zerohedge</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/economics/prepare-3-things-big-government-huge-boondoggles-massive-taxes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176034429","content_text":"Progressives have their eyes on on your wallet to pay for their big government schemes. And it looks like Biden will oblige them.\n$10 Trillion for Climate and Infrastructure\nThe National Review reports Liberal Senators Push Biden for a $10 Trillion Climate and Infrastructure Bill\n\n On Monday, Sen. Edward J. Markey (D-Mass.) and Rep. Debbie Dingell (D-Mich.) unveiled a climate and infrastructure plan that called for $10 trillion in spending over the next decade. Biden’s initial campaign pledge to invest $2 trillion over four years was already inadequate to confronting climate change, and his coming proposal may be even less so, said Robert Pollin, an economist at the University of Massachusetts Amherst, who helped craft the Markey-Dingell plan. Pollin said a $3 trillion investment only amounted to about 1.3 percent of America’s gross domestic product.To put the $10 trillion Markey and Dingell are proposing in perspective, over the next decade, the Congressional Budget Office expects that we’ll spend $1.4 trillion on veterans’ programs, $6 trillion on Medicaid, $8.5 trillion on defense, and $8 trillion on all other non-defense discretionary spending. The Markey-Dingell bill would be higher than any of these parts of the budget, only it would come on top of all of these existing expenditures.\n\nBiden's Big Plans\nThe Wall Street Journal comments Behind Biden’s Big Plans: Belief That Government Can Drive Growth\n\n The Biden economic team’s ambitions go beyond size to scope. The centerpiece of their program—a multitrillion-dollar proposal to be rolled out starting Wednesday, less than a month after a $1.9 trillion stimulus—seeks to give Washington a new commercial role in matters ranging from charging stations for electric vehicles to child care, and more responsibility for underwriting education, incomes and higher-paying jobs.The administration has also laid the groundwork for regulations aimed at empowering labor unions, restricting big businesses from dominating their markets and prodding banks to lend more to minorities and less for fossil-fuel projects. All while federal debt is currently at a level not seen since World War II.It all marks a major turning point for economic policy. The gamble underlying the agenda is a belief that government can be a primary driver for growth. It’s an attempt to recalibrate assumptions that have shaped economic policy of both parties since the 1980s: that the public sector is inherently less efficient than the private, and bureaucrats should generally defer to markets.The administration’s sweeping plans reflect a calculation that “the risk of doing too little outweighs the risk of doing too much,” said White House National Economic Council Director Brian Deese. “We’re going to be unapologetic about that,” he said. “Government must be a powerful force for good in the lives of Americans.”\n\nCrazy Thinking\nIf you think this is crazy, you are thinking correctly.\nIf you don't think this is crazy, you are crazy.\nThe notion that government can spend money wisely and allocate resources wisely has been disproved countless times.\nTake a look at Soviet 5-year plans, Venezuela, Japan for the last three decades, or dozens of other examples.\nA Word About Capitalism\nThe saving grace of capitalism is failure. Good ideas are rewarded, bad ideas fail.\nWe don't have failure, we have bank bailouts, student loan bailouts, housing bailouts, and so many moral hazard market interventions by the Fed and Congress I cannot even name all the facilities or tools.\nAnd without failure, you don't have capitalism. So don't tell me that we need big government because capitalism doesn't work.\nThe problem is lack of capitalism not a failure of capitalism. Governments fail and ideas fail, capitalism doesn't fail.\nRegardless, more big government ideas are about to be tested.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1327,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Prepare For 3 Things: Big Government, Huge Boondoggles, Massive Taxes<blockquote>为三件事做好准备：大政府、巨大的无用之物、巨额税收</blockquote>

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