Category Archives: political economy

Vulnerability of our Electric Grid

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Much is being made, and justifiably so, regarding the lack of capacity of our electricity distribution grid to support growing electricity demands.

…assessments of the national electric grid’s ability to deliver power during peak demand periods, such as heat waves and cold snaps, have shown increasing risk for blackouts.
…
Environmental groups are pushing to transition home heating from natural gas to electricity, and electric vehicles are also adding to the grid’s thirst for power.
Among this mix of increasing electricity needs are data centers.

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No CR

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The House Freedom Caucus wants House Speaker Mike Johnson (R, LA) to attach a House-passed border security bill that’s sitting in the US Senate to the next spending bill that Congress must pass to avoid a government shutdown. Freedom Caucus member Bob Good (R, VA):

I think we ought to be willing to have a fight over securing the border. I think we ought to refuse to fund the government if the administration continues to be unwilling to secure the border, then we ought to tie the funding of the government to border security implementation where some funds are held back until the measurables are met, the performance metrics that demonstrate that the border is being secured. And we do it to through Sept. 30 at the FRA levels[.]

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That’s One Spin

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Battery car sales seem to be falling off in California.

The Los Angeles Times reported on Thursday that Tesla sales fell significantly in the back half of 2023, declining by 10% in the final quarter alone. This sales drop came despite California’s previous pledge to ban the sale of new gas-powered vehicles in the state by 2035.

The LA Times is busily spinning the reason for the fall-off. The outlet is claiming

“controversial pronouncements” from Tesla CEO Elon Musk.

It added

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Metaphorical Payroll

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Now the claim is that a number of the extremely wealthy donors pressured Progressive-Democrat President Joe Biden into effecting a moratorium on approvals for new liquified natural gas exports.

Charities controlled by members of the Rockefeller family and billionaire donors were key funders of a successful campaign to pressure President Biden to pause new approvals of liquefied natural gas exports from the US.

And

“They got our attention,” a senior Biden administration official said of the activists’ efforts, describing the campaign as intense.

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Another Progressive-Democrat State Government…

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…favors illegal aliens over its citizens. New York is opening State government jobs to illegal aliens.

New York is allowing migrants with federal work authorization to apply for thousands of temporary government jobs, [Progressive-]Democratic Governor Kathy Hochul said.

And

I have 10,000 openings in the New York State workforce. These are all legal people.

They’re legal only in a very narrow, legalistic sense. They’re illegal aliens who’ve been—wrongly, I claim—granted temporary work permits.

Hochul also is lowering the requirement to have at least a minimal education, a minimal English language proficiency, and appropriate certifications as criteria for getting these jobs. In sum, she’s extending diversity hire ideology to include illegal aliens.

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Eric Adams’ Duplicity

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Or it’s the incompetence of New York City’s Progressive-Democratic mayor, Eric Adams.

After warning that a surge in illegal arrivals to the Big Apple would “destroy New York City” and blaming the influx for prompting budget cuts, New York City Democratic Mayor Eric Adams reportedly plans to provide illegal alien families with pre-paid credit cards.

A key aspect of Adams’ scheme:

The plan will begin with a $53 million pilot program targeting the migrant residents of the Roosevelt Hotel. Run through Mobility Capital Finance, the pilot plan will provide 500 families with an Immediate Response Card for use on food and infant care supplies.

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Good That Something is Kicking Them in the Behind

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European nations are getting worried about another Donald Trump Presidency. That worry is

prompting some of America’s staunchest allies in Europe to push their neighbors that are more reluctant to spend into further action on defense and security.

To the extent that’s accurate and, if so, it bears serious fruit, that would be good, and ample justification for reelecting Trump.

In a sign that European officials are starting to address their armaments shortages, NATO Secretary-General Jens Stoltenberg on January 23 announced a $1.2 billion multicountry contract for 200,000 155-millimeter artillery shells, a type being heavily used in Ukraine. The shells will be produced in France and Germany and purchased by Spain, Belgium, and Lithuania.

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Joe Biden Had A Deal

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Progressive-Democrat President Joe Biden had a deal with Venezuela’s MFWIC, Nicolás Maduro: if Maduro would allow Maria Corina Machado, a Venezuelan opposition leader, to run in a free, unfettered election for the Venezuelan office of President, Biden would lift the oil and gas sanctions former President Donald Trump (R) had imposed over the Maduro government’s continued and rank misbehaviors.

And so it came to pass that Biden lifted those sanctions.

However.

On Thursday Venezuela’s president of the national assembly said Ms Machado won’t be allowed to run. The next day Mr Maduro’s hand-picked Supreme Court echoed that declaration, upholding the ban, with charges that she had engaged in conspiracies against the regime. The only “conspiracy” is that she opposes the regime.

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More Reasons to Disband

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Now the Biden administration is actively seeking to undermine our friends and allies on top of destroying our energy industry.

The White House on Friday announced a temporary pause on pending decisions of exports of liquefied natural gas to non-free trade countries, until the Energy Department can factor climate change into its reviews of the projects.

Two changes (for starters) are badly needed, and these changes badly need significant majorities in the House and Senate and a Republican in the White House (which puts a premium on the elections this fall).

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A Gen-Zer is Upset

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The young woman is tired of her generation being called lazy because they—she in particular—are working 40-hour weeks, “barely getting by,” and don’t want to do that for the rest of their lives. They have other things they want to do. She then insisted that today’s economy is not the one in which prior generations started out, and Gen-Zers starting out have it hard today compared to earlier generations when we were starting out.

She has a beef in some respects.

However.

Here is what was available to this Boomer when I was just starting out.

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