Vogtle 3 and 4, the first new nuclear reactors built in the United States in 30 years, are now 6 years late and estimated to cost $28 billion. (  That is a cost overrun of $14 billion, 100% over the initial cost of $14 billion.  (Atlanta Journal Constitution, Power). The 2.234 GW plants at Vogtle […]

Tweet Writing in the NY Times, Adam Davidson of Planet Money, asks “Can Politicians Really Create Jobs? Davidson says “No.” But with all due respect to Mr. Davidson, as Barack – The Candidate – Obama said, “Yes, We Can!” And yes, Presidential candidates can create jobs – presidential campaigns are staffed by people. So obviously, […]

  Tweet On the campaign trail in Iowa, Mitt Romney said, “Corporations are people.” (NY Times, Washington Post) An argument can be made that Mr. Romney meant that corporations are composed of people, that they magnify the abilities of individuals. However, Ayn Rand might suggest that the candidate made a collectivist statement. Mr. Romney could […]

“Taxes are the price we pay for civilization.” – Oliver Wendell Holmes. Tweet Taxes fund Medicare and Medicaid so the poor and the elderly can see a physician and get treatment when they are sick. Taxes fund education for our children and our neighbors children so they can grow up to be doctors, lawyers, engineers, […]