{"id":26940,"date":"2020-05-12T12:44:44","date_gmt":"2020-05-12T16:44:44","guid":{"rendered":"https:\/\/philip.greenspun.com\/blog\/?p=26940"},"modified":"2020-05-12T16:12:22","modified_gmt":"2020-05-12T20:12:22","slug":"elizabeth-warren-wants-to-fight-inequality-with-a-3-billion-ferry-for-the-nations-richest-people","status":"publish","type":"post","link":"https:\/\/philip.greenspun.com\/blog\/2020\/05\/12\/elizabeth-warren-wants-to-fight-inequality-with-a-3-billion-ferry-for-the-nations-richest-people\/","title":{"rendered":"Elizabeth Warren wants to fight inequality with a $3 billion ferry for the nation&#8217;s richest people"},"content":{"rendered":"\n<p>Are you a lower-middle class taxpayer in Iowa or Arkansas? Elizabeth Warren wants you to buy $3 billion in ferry tickets for the nation&#8217;s richest people, i.e., folks who can afford summer houses on Martha&#8217;s Vineyard, Nantucket, and similar island retreats: <a href=\"https:\/\/vineyardgazette.com\/news\/2020\/05\/08\/markey-seeks-federal-bailout-steamship-authority\">&#8220;Markey, Warren, Keating Seek Federal Aid for Steamship Authority&#8221;<\/a>:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>With the financially strapped Steamship Authority in mind, the Massachusetts Congressional delegation is requesting $3 billion in aid to keep the country\u2019s ferry industry afloat.<\/p><p>In a letter sent to Speaker of the House Nancy Pelosi and senate leaders Mitch McConnell and Chuck Schumer on May 7, <strong>Sens. Elizabeth Warren<\/strong> and Ed Markey, and Cong. Bill Keating pleaded for additional dollars for ferries, citing the SSA\u2019s plummet in passenger traffic and the fiscal strains caused by the pandemic.<\/p><\/blockquote>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/philip.greenspun.com\/blog\/wp-content\/uploads\/2020\/05\/image-9.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/philip.greenspun.com\/blog\/wp-content\/uploads\/2020\/05\/image-9.png\" alt=\"\" class=\"wp-image-26941\" width=\"432\" height=\"292\" srcset=\"https:\/\/philip.greenspun.com\/blog\/wp-content\/uploads\/2020\/05\/image-9.png 910w, https:\/\/philip.greenspun.com\/blog\/wp-content\/uploads\/2020\/05\/image-9-300x204.png 300w\" sizes=\"auto, (max-width: 432px) 100vw, 432px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>What else can middle-class taxpayers in the mostly plague-free &#8220;flyover&#8221; states buy for us?<\/p>\n\n\n\n<p>(How much does $3 billion buy when it is not a U.S. state government spending the money? Indonesia has a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Indonesian_Navy\">Navy<\/a> with roughly 140 vessels and 55 aircraft to patrol its 3,000 x 1,100 mile territory, which includes 17,504. islands. The total military budget of Indonesia is about $9 billion (<a href=\"https:\/\/en.wikipedia.org\/wiki\/Indonesian_National_Armed_Forces\">Wikipedia<\/a>), so presumably the Indonesian Navy spends close to $3 billion per year.)<\/p>\n\n\n\n<p>Related:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/vineyardgazette.com\/news\/2019\/12\/04\/president-obama-buys-home-edgartown-great-pond\">President Obama&#8217;s $12 million MVY place<\/a><\/li><li><a href=\"https:\/\/www.zillow.com\/nantucket-ma\/?searchQueryState=%7B%22pagination%22%3A%7B%7D%2C%22mapBounds%22%3A%7B%22west%22%3A-70.36945482714843%2C%22east%22%3A-69.90390917285156%2C%22south%22%3A41.05329754446786%2C%22north%22%3A41.57641973574155%7D%2C%22regionSelection%22%3A%5B%7B%22regionId%22%3A397237%2C%22regionType%22%3A6%7D%5D%2C%22isMapVisible%22%3Atrue%2C%22mapZoom%22%3A11%2C%22filterState%22%3A%7B%22price%22%3A%7B%22min%22%3A900000%7D%2C%22mp%22%3A%7B%22min%22%3A3258%7D%2C%22sort%22%3A%7B%22value%22%3A%22globalrelevanceex%22%7D%7D%2C%22isListVisible%22%3Atrue%7D\">Zillow<\/a> shows some decent houses on Nantucket for $10-20 million (<a href=\"https:\/\/www.zillow.com\/homedetails\/119-Eel-Point-Road-119-R-Eel-Point-Rd-Nantucket-MA-02554\/2102088694_zpid\/\">example<\/a> ($12 million for 4,000 square feet on a 0.2-acre lot))<\/li><li><a href=\"https:\/\/www.zillow.com\/homedetails\/15740-Euclid-Ave-NE-Bainbridge-Island-WA-98110\/23431055_zpid\/\">a $3.1 million house<\/a> on the ferry-served Bainbridge Island, Washington<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Are you a lower-middle class taxpayer in Iowa or Arkansas? Elizabeth Warren wants you to buy $3 billion in ferry tickets for the nation&#8217;s richest people, i.e., folks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,26],"tags":[],"class_list":["post-26940","post","type-post","status-publish","format-standard","hentry","category-massachusetts","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elizabeth Warren wants to fight inequality with a $3 billion ferry for the nation&#039;s richest people - Philip Greenspun\u2019s Weblog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/philip.greenspun.com\/blog\/2020\/05\/12\/elizabeth-warren-wants-to-fight-inequality-with-a-3-billion-ferry-for-the-nations-richest-people\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elizabeth Warren wants to fight inequality with a $3 billion ferry for the nation&#039;s richest people - Philip Greenspun\u2019s Weblog\" \/>\n<meta property=\"og:description\" content=\"Are you a lower-middle class taxpayer in Iowa or Arkansas? 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