Let's look at Texas and ERCOT for a few of the symptoms, and how the Big Beautiful Bill gets dragged across the finish line. Like a corpse, or pushed forward like the President wants.
Of course you’re not wrong, Stu. The reality is that subsidies always distort because they bend the direction of the market (for whatever product) in a way that never would have happened without the subsidies.
Thanks, Urs, but I should get used to it, it still surprises me how long we have been fed the lies about "well, they are cheaper," only until you look at the finances, and nobody talks about the amount of money they have added to the national debt.
Of course you’re not wrong, Stu. The reality is that subsidies always distort because they bend the direction of the market (for whatever product) in a way that never would have happened without the subsidies.
Thanks, Urs, but I should get used to it, it still surprises me how long we have been fed the lies about "well, they are cheaper," only until you look at the finances, and nobody talks about the amount of money they have added to the national debt.
We should think that with all the wins DJT has that his original bill should pass!! Pushed forward like the President and we all want!!