boomboomsroom

The ride to the $2000 per family stimulus signed into law by President Trump had a few twists, turns, bumps, and bruises.  But, in the end, is or isn’t it all worth it?

The answer reminds us of a quote from a famous president of our yesteryear.  “It depends on what your definition of is, is.”

The house bill called the Consolidated Appropriations Act 2021, funded both the government to do its usual fine job and the citizens who don’t have a fine job.

Actually, it did that and then some.  And, some.  It’s a measly $2.3 trillion spend.

That it took a while might have had to do with that pesky election in November.  You see, multiple attempts were made to line your pockets with bread crumb money in the fall.   But, a few Dems said no and no and no for one reason or another or another.  Till now.

Senator Marsha Blackburn may have summed it up best when she said, “One of the things that is so frustrating about this is that you could have had a lot more money than $2,000 in the pocket of hard-working Americans if, back in July or September or twice in October or in November, they had voted to increase unemployment by $300 per week.

Nevermind that, take a look at what’s inside this 5593 page beautifully wrapped Christmas present if you have time.  Alexandria Ocasio-Cortez, or AOC if you’re short on time, just a few days ago complained that she didn’t.  Maybe she was out doing some last-minute shopping of her own.

The novel War and Peace was just 1225 pages.

USA Today had some time.  They feel like if you are a concerned citizen on climate change you got everything you ever wanted.  If you think climate change is a bunch of malarky it looks like you got a lump of coal in your stocking.  See what we did there?

USA Today reported that environmental activists “are touting the $2.3 trillion bill as a potential game-changer thanks to tax breaks for renewable energy sources, initiatives to promote carbon capture storage, and a significant phasedown of hydrofluorocarbons (HFCs) that are a key culprit to the planet’s warming.”

Sen. John Barrasso (R-WY) supported the bill and likes the incentive features.  “Free-market innovation is the key to addressing a changing climate,” Barrasso said. “This bipartisan legislation proves we can protect our environment without punishing our economy.”  Can you hear the laughter all of the way from China?

The law also includes expanding the federal bureaucracy across federal agencies, including creating the Office of Fossil Energy, the Office of Science, and the Office of Energy Efficiency and Renewable Energy.

That’s lots of new offices at a time when the commercial real estate biz is tough because that Covid thing keeps getting in the way.  DC must be the place to relocate if you are a commercial realtor.  Perhaps a lease-to-own arrangement is best for you Uncle Sam?

The Direct Air Capture Technology Advisory Board also would be put in place.  I guess if we want to know what it is we should heed the advice of Nancy Pelosi of years gone by when Obamacare was passed.  She uttered, “if you want to know what’s in the bill you can read it after we pass it.”

Still, we wondered what the hell direct air capture was.  A quick Google search turned up a page that had a popup request that we donate to the World Resources Institute (WRI).

The WRI sounds mighty important, almost as important as the $2000 you’ve been waiting on for four months.