Can Governor Gavin Newsomâs $100 Billion Comeback Plan Save California?
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Can a spending binge save California Governor Gavin Newsom, who faces a recall election this fall because of his incompetenceâand hypocrisyâin handling the pandemic?
Thanks to a huge, one-time budget surplus and wads of cash from Washington, Newsom has unveiled a $100 billion âCalifornia Comeback Plan.â
A more accurate name would be the Save Gavin Newsom Plan.
While Newsomâs scheme might salvage his political career, this episode of Whatâs Ahead explains why it does nothing to alleviate the structural flawsâamong them sky-high taxes, crushing regulations and destructive housing policiesâthat has given the Golden State the highest poverty rate in the nation.
Why Bidenâs War On Gas And Oil Is A Crippling Pipe Dream
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Ignoring the graphic lesson of the havoc a pipeline shutdown can bring, Michiganâs governor, Gretchen Whitmer, is trying to close the operations of a critical oil-and-gas pipeline that serves Canada and the Midwest. Her stated rationale doesnât hold oil, er, water. Her real rationale is hostility to the oil and natural gas industryâa hostility that is fervently shared by the White House.
This episode of Whatâs Ahead explains why the Biden Administrationâs goal of ultimately replacing oil and natural gas with wind and solar power is a dangerous pipe dream. To do so would require gargantuan amounts of minerals, and that, in turn, would necessitate a catastrophic increase in tearing up the Earth for numerous new mines and enormously expanding existing ones. Just one example, we would need a 20-fold increase in nickel.
Biden s Waiving Covid-19 Vaccine Patents Would Be Disastrous forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Why A Hike In The Federal Gas Tax Is A Bad Idea
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There’s a lot of talk in Washington about a compromise infrastructure bill that would include a hike in the federal tax on gasoline and diesel fuel. Bad idea! This segment of What’s Ahead lays out why.
Proponents say this tax hasn’t risen in years, and is thereby lagging inflation. And they also point to the concept of user fees. Tolls are meant to finance and maintain particular roads and bridges. Fuel taxes are another tool to do the same for the Interstate and other toll-free facilities.