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Can you say recession
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<blockquote data-quote="Fritz the Cat" data-source="post: 415661" data-attributes="member: 605"><p>The Inflation Reduction Act was a giveaway of money to the tune of $1.2 Trillion. </p><p></p><p>Government agencies were given money to distribute for clean energy, healthcare, electric cars, carbon sequestration etc. </p><p></p><p><a href="https://www.hklaw.com/-/media/files/insights/publications/2022/08/080822inflationreductionactsummary.pdf?la=fr" target="_blank">https://www.hklaw.com/-/media/files/insights/publications/2022/08/080822inflationreductionactsummary.pdf?la=fr</a></p><p></p><p>Pie chart on page 19. USDAS got a large chunk. Page 20 to 23 where USDA is spending it. </p><p></p><p>A few years back we were discussing Biden's 30x30 plan to turn America into 30 percent own or under easement by the fedgov by 2030. Some guys on NDA were for it because they thought they were going to get more places and wildlife to hunt. </p><p></p><p>I do custom seeding and this spring picked up some jobs with weird grass seed blends. The farmer got cost share from NRCS. No legumes just needle grasses some college desk jockey dreamed up. There are ranchers getting cost share to cross fence and or develop water. </p><p></p><p>This is Keynesian Economics at its finest. Pump fiat money in were sellers of seed, wire and water pumps make money but everyone else pays more for groceries. </p><p></p><p>The inflation reduction act does the opposite.</p></blockquote><p></p>
[QUOTE="Fritz the Cat, post: 415661, member: 605"] The Inflation Reduction Act was a giveaway of money to the tune of $1.2 Trillion. Government agencies were given money to distribute for clean energy, healthcare, electric cars, carbon sequestration etc. [URL]https://www.hklaw.com/-/media/files/insights/publications/2022/08/080822inflationreductionactsummary.pdf?la=fr[/URL] Pie chart on page 19. USDAS got a large chunk. Page 20 to 23 where USDA is spending it. A few years back we were discussing Biden's 30x30 plan to turn America into 30 percent own or under easement by the fedgov by 2030. Some guys on NDA were for it because they thought they were going to get more places and wildlife to hunt. I do custom seeding and this spring picked up some jobs with weird grass seed blends. The farmer got cost share from NRCS. No legumes just needle grasses some college desk jockey dreamed up. There are ranchers getting cost share to cross fence and or develop water. This is Keynesian Economics at its finest. Pump fiat money in were sellers of seed, wire and water pumps make money but everyone else pays more for groceries. The inflation reduction act does the opposite. [/QUOTE]
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