$500 billion is a sizable chunk of that $6.3 trillion, and it’s still only a 25% tax rate, and then only the “ultra-rich.”
If one considers something more reasonable, like a 70% tax of income over $100,000, then you’re talking about more substantial amounts to really start catching up to top economies.
I remember. The polls were accurate. The pundits were not. People were shocked because they didn’t want to believe that there are really that many loathsome morons around, not because they looked at what polls said.
Here are the main polls for that race on the eve of the election. What they actually said was that the race was close to a tossup, with Clinton perhaps very slightly favoured to win.
Here and here are favourability ratings. As you can see, Trump’s are substantially less negative.
The polling wasn’t off in 2016, it was actually super accurate and missed the result by only one point.
Trump isn’t popular, but he doesn’t need to be, he just needs to be less unpopular than Biden, and right now polling is suggesting that he is exactly that.
The hydro power helps, sure. But Norway is big, cold, and sparsely populated.
All cars were new cars once. If a majority of new cars are EVs, then it is only a matter of time before most used cars are as well.
It’s not (just) a matter of money. Even in China a third of new vehicles are EVs, and Estonia is much richer than China.
EVs already attained mass adoption. In Norway almost all new cars are EVs. Several countries are not far behind. Most countries are more suitable for EVs than Norway.
Actually, we’re not a long way off from that. Hydrogen production facilities utilizing (excess) renewable electricity output are under construction as we speak. For example, a large project in Kazakhstan (which has large stretches of windy, sunny and empty steppes) is aiming to be online in 2030 with 30 GW of production going towards green hydrogen.
Discard the Brownshirts, their collaborators, and the Putin fluffers, and you probably won’t have many choices left.