Favorites July 28th 2022
www.tugboattoday.com
The origins of the carry interest concept (which have nothing to do with finance) make it clear that it’s labor compensation.
Huh, today I learned.
NEW: The Manchin deal will cut emissions 31 to 44% below their all-time peak by 2030, compared to 24 to 35% under current policy, according to @rhodium_group.
“Put simply, the IRA has the potential to be the biggest climate action ever taken by Congress”
rhg.com/research/infla…
The worst conditions if this IRA bill passes are about the same as the best case emissions without it. Plus the manufacturing jobs!
Super low hanging fruit in immigration reform:
Switch the H-1B visa allocation from a lottery to a wage ranking.
Would remove uncertainty for immigrants and roughly double the GDP impact of the program.
He also points out that you'd need to account for equity compensation.
Threads
• Thread from David Roberts with details from the IRA bill. (Including money to electrify the USPS fleet). Here's another shorter thread.