"Massive", "kitchen sink industrial policy". I get why folks are excited about the IRA. But can we PLEASE apply some

"Massive", "kitchen sink industrial policy". I get why folks are excited about the IRA. But can we PLEASE apply some macroeconomic proportion. US GDP in 2021 = $23.3…TRILLION. So renewable investment of c. $60-80bn through '25 is 0.3% of GDP! Massive?
ft.com/content/e0b558… https://t.co/yXsZmpC2wX

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