New Jersey is another cautionary tale.
You would think they learned their lessons from watching other areas (like Texas) pursue renewables while they took their stable forms of energy generation off line (and had them knocked offline) resulting in a disparity between supply and demand which combined with the weather resulted in a disaster.
Worse, was this quote from Sherrill the candidate: "...It’s time for action, because people just can’t wait any longer. So on Day One as New Jersey’s next governor, I’m going to declare a State of Emergency on Utility Costs and freeze your utility rates..."
Freeze the rates. That is indeed "Magical Thinking". If nobody had ever tried "freezing the rates" before, you might understand a shallow thinker being unable to think it through and see it as a viable solution.
But it has been tried. Repeatedly. And every single time it has been tried in history, everywhere, freezing the cost of something by government fiat has resulted in gross mismanagement of the supply and distribution that manifests itself in a shortage of the thing having the price frozen on it.
Well, I see Sherrill and the rest of her Marxists have that adequately covered. She said: "...I will instruct my Attorney General to take Trump and New Jersey’s grid operator, PJM, to court-in coordination with governors in our region-to force them to end their mismanagement..."
Whew. Well, glad to see they have that part covered.
Isn’t the source of a nations wealth in 2025 located at 14th & C Streets SW, Washington, D.C.?
That’s the main production facility of the Bureau of Engraving and Printing. That’s where the tsunami of fiat funny money emanates from
I was in N.J. just once & then only overnight being stranded at the airport. I have no reason to go back, altho some of it might be pretty. If they don’t know how to run a state (and they apparently do not) I have no interest in returning.