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2 yr. ago

  • Oh man, don’t stop

    You got it! Here's some other consumer protections the administration has introduced recently:

    • Direct filing with the IRS
    • Price limits on asthma inhalers and insulin for seniors
    • Requiring ISPs to provide consistent up-front information and pricing
    • Restrictions on college junk fees and disallowing witholding of transcripts

    Hungry for more? Check this out:

    White House Statement on Junk Fees

    That's from October, so some of it overlaps, but among other stuff there's still a "Click to Cancel" rule working its way through the FTC.

    Sadly Biden has been spending a bunch of time on lame crap like climate change, human rights, health care, infrastructure, election integrity, etc., so it might take a bit longer for him to single-handedly usher in consumer utopia.

  • This seems entirely opposite to my observation. I'd say Biden and his administration are unusually focused on unfair or annoying business practices. In just the past two weeks the Biden administration:

    • Set clear rules requiring cash refunds for flight delays
    • Banned non-compete clauses
    • Set new rules on "junk fees" for credit cards
    • Increased the minimum salary for overtime exemption
    • Expanded fiduciary duty to retirement "advisors"
    • Announced a lawsuit against Live Nation (TicketMaster)
    • Re-instated net neutrality
  • There are over 2 million animal species on Earth, and one species is responsible for 99.9% of all lethal attacks. Ban Humans (from existing)!

  • The complete rules are here: https://www.transportation.gov/airconsumer/refundsfinalruleapril2024

    The meat of it is the table on pages 9-14 and mostly comprehensible.

    Worth noting:

    • A change to your flight number is always a "cancellation" and you may choose to accept a refund
      • The expectation is most people would not, for the same reason most don't cancel their refundable tickets - they want to go on the flight
    • There are no carve outs for weather, etc.
      • I am really glad to see this because airlines could claim "weather" for connecting flights, so any weather anywhere meant they could delay your flight
  • The carbon dividend makes the policy overall progressive, like a mini-UBI. It seems we agree that helping the poorest people is a good thing, and they will benefit the most.

    The carbon tax should not be an exclusive policy. Canada estimates its tax will account for 1/3rd of its emissions reductions by 2030. That's a nice big chunk for one policy, but plainly insufficient on its own. Absolutely fund renewable infrastructure (including subsidies), public transport, walkable/bikeable housing, etc. Set hard limits / bans where appropriate (banning all emissions is not remotely feasible). A carbon tax is highly complementary to these.

    Politics is messy. In Canada the Conservative Party (remind me -- are they for or against fighting climate change?) opposes the carbon tax, and associates it with Labor, so they have a ton of propaganda against it. Half of Canadians don't even realize they are getting a huge rebate back, let alone that it's more than they are paying in taxes (Abacus Data). That's why it's important to get people to understand how a carbon tax actually works.

  • If you think businesses can just absorb a tax without changes, then great: set the price of carbon emissions at the cost to remove it from the atmosphere and problem solved.

    More realistically, theory and practice both predict that businesses will look for cheaper (i.e. less polluting) approaches and consumers will choose cheaper (i.e. less polluting) products. And both will do so in ways that have the highest impact for the lowest effort.

    Maybe you can clarify what you mean by taking money out of the equation, because it's not clear to me what steps that involves or what the expected outcome looks like.

  • And the best thing to push the government to do is pass a Carbon Tax -- tax polluters and give that back to the people.

  • 🎵 Mister every ounce of beer is precious man 🎵

  • NHS to discontinue delivery of babies until double-blind study is done vs just leaving it in there.

  • That would involve unknown magnitudes of change

  • According to Times of Israel, the jets are F-15IA (Israeli-variant F-15EX), which are quite capable of carrying over a dozen bombs equipped with the JDAMs also being provided.

  • This is known as the Chino's Paradox