Our GOP leaders are irrational to oppose Biden's infrastructure bill. This thing will be a bonanza
Our GOP leaders are irrational to oppose Bidens infrastructure bill. This thing will be a bonanza for South Dakota.
South Dakotas government analysts in Pierre, aka The South Dakota Legislative Research Council, yesterday released its analysis of how much our state will receive from President Bidens $2.3 trillion American Jobs Act, often referred to as his infrastructure bill. The act, of course, has yet to become law, but as the political fight over Bidens venture starts heating up, you have to wonder why South Dakotas synchronized GOP leadership is fighting against passage of the bill.
Best guess? Theyre politically terrified that its implementation will be so successful as to make a powerful case for Joe Biden and his Democratic Party to continue their domination of the White House and Congress for the next few elections. Theyre desperately trying to head off what could become a political catastrophe for them.
In doing so, are they really working for the best interests of their state? I dont think so. According to the SDLRC, well receive something on the order of $3.4 billion to repair our decaying infrastructure and pay for other endeavors that will better the quality of life for all South Dakotans. The uniformity of their opposing arguments tells me that our GOP leadership isnt motivated by independent judgement. Trying to stem the flow of that kind of money smacks of consistency with the national GOPs antagonism to Joe Bidens plan, largely because Republicans oppose the increase in corporate taxes that are intended, along with tax hikes for individuals making more than $400 thousand a year, to pay for the Jobs Act.
In dissing the plan, Sens. John Thune and Mike Rounds, Rep. Dusty Johnson and Gov. Kristi Noem (all seen above in a montage from Dakota News Now) seem to overlook the immediate economic windfall that their state of South Dakota will experience if Bidens plan passes relatively intact. On a macro scale, Business Insider, along with most of the literature thats out there, reports that the plan should accelerate (supercharge is the word Dallas Fed president Robert Kaplan used in the Business Insider piece) growth.
Read more:
https://www.sdstandardnow.com/home/our-gop-leaders-are-completely-irrational-to-oppose-bidens-infrastructure-bill-this-thing-will-be-a-bonanza-for-south-dakota