Solar Fannie Mae: Worse Than Subsidizing Fake Energy? Mandating We Buy It
Posted at 10:57 am on July 6, 2017 by Seton Motley Supreme Court Justice Louis Brandeis popularized the phrase “laboratories of democracy”: “(T)o describe how a ‘state may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.’”
Cities and towns also experiment with policy novelties – serving as even smaller laboratories. For ideas both good – and very, very bad. From what we’ve seen, urban localities are doing some really weird, very failed science.
For instance, Seattle, Washington doesn’t do math very well. Or history. Or the history of math. They imposed a $15-per-hour minimum wage. And how’d that go?: “(I)t reveals a new and disturbing channel by which minimum wages could hurt the very workers they’re created to help – reduced working hours. This is not about justifying the wealth of the rich, it’s about respecting the natural law of market forces.”
Ah yes – the natural law of market forces. No one on the planet respects it less than government. No one breaks it more.
Fighting mightily for the title of dumbest local lab – is South Miami, Florida: “(T)he South Miami City Commission will decide on July 12 when they vote on a ordinance that would require solar photovoltaic systems be installed on all newly constructed homes. Older homes would also be subjected to this requirement if more than 50 percent of its square footage is renovated.”
This would be government dumb – piled on top of government dumb.
The original dumb – is the tens (hundreds?) of billions of dollars government has already wasted on the production of solar power (and we here define “power” in the loosest, most meaningless possible way).
In addition to breaking the natural law of market forces – this crony nonsense breaks my Ice Cream Rule. Which states: “If it is a good idea – no government money is necessary. No one needs to subsidize ice cream.”
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http://www.redstate.com/setonmotley/2017/07/06/solar-fannie-mae-worse-subsidizing-fake-energy-mandating-buy/
