Its Over, page-22698

  1. 23,382 Posts.
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    The two big political parties having opposing policies because they need to differentiate themselves to win election only serves their interests, not that of the country.

    Biden introduced the Inflation Reduction Act (IRA) to amongst other things promote transition to EV from ICE vehicles
    Trump if elected will likely unwind and remove EV subsidies
    Outcome is that the uncertainty has caused auto makers to put their EV rollout on pause, and perhaps billions of EV infrastructure invested will suffer from a Trump U-turn

    UK Conservatives enabled the country go down the Brexit route
    UK Labor having won the election is going to wind back some of Brexit to recover years of losses to GDP from its adverse economic effects
    Outcome is that UK may revert back to what it was before Brexit- none of those losses in GDP would have been necessary

    In Australia, ALP promoted and caused to have substantial investments made in renewables
    Dutton is going down the nuclear route, unable to win financial support and buy-in from super funds now concedes that taxpayers money would be required to fund the nuclear proposal
    Outcome is that Australia's energy policy is riddled with constant uncertainty, Dutton's plan is unnerving renewables investment now and could be saddled with future losses should the LNP win power.

    Billions are lost in every country because the 2 political parties are pursuing opposing policies. Only taxpayers and the countries lose for the politicians to win their game. No wonder the people are so sick of them.

    There ought to be a bill pass that would prevent major U-turns like this, because both business and the country need certainty which avoid a waste of money and resources.
 
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