Letter - McEnelly 12-13-23

Posted 12/13/23

Writer favors Biden over Trump on economy

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Letter - McEnelly 12-13-23

Posted

To the Editor:
It seems our President doesn’t hate oil so much as the damage caused by fuel and natural gas combustion.

We must face the truth; climate change caused by greenhouse gases is a fact. We must change our ways.

Transportation accounts for 27% of the greenhouse gases produced. Ford Motor Company says it will be 100% EV’s by 2035, as does Toyota, the world’s largest personal vehicle producer. California, America’s largest vehicle market, reports 31% of new personal vehicles sold in 2023 are EV’s. The energy requirements for such change is stupendous, yet there’s not been rolling “blackouts” as seen 25 years ago.

Why? Adaptation.

Change occurs because it’s profitable. The tax breaks for American-made EVs have two purposes; jump-start purchases and produce good paying jobs. The cost for servicing our Tesla has been zero. Fuel costs for a round trip to Sioux Falls is less than $15.

Instead of burning oil, let’s use it in construction. Composite materials don’t warp, rot, and seem resistant to termites.

Why America trusts Trump with our economy more than Biden is confusing. Under the Trump administration’s tax cut, our debt grew by $8 trillion, with $1.8T due to COVID. Still, $6.2T represents over 20% of America’s total debt. I attended Dusty Johnson’s Putters and Scoops meeting. I asked about Trump’s tax break and $8 Trillion. He replied, “Balderdash! America had the highest tax revenues ever during the Trump Administration.”

Dusty, the huge increase in our debt under Donald Trump is due to what?

President Biden’s $2.39T Infrastructure and Inflation Reduction Acts is for needed upgrades. This means good jobs for Americans. It’s spread over 10 years, financed by a 15% tax on profits of corporations worth over $1Billion.

After three difficult years, unemployment is 3.7%, inflation 3.2%. Compare starting wages for 2020 and today.

John McEnelly
Huron