Economist - End of the Combustion Engine
#31
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I'm amazed that California hasn't done this already. It's staggering the amount of money (and spending power) that leave the state every year with retirees.
#32
Three Wheelin'
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Great spenders of other people's money.....that's the CA way. Until someone realizes that the people with money will move. There is now talk in CA that if you are retired and move out of CA you will still be tagged with CA income tax...they now see there problem....but they seem to not see the will of the people (with money).
Oh, and the money and spending power is a zero sum equation. What is CA's "loss" is another states "gain".
#33
#34
Poseur
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Really cool news commentary..... you may need a subscription to read it but I think the magazine allows x-number of free accesses... So here goes...
https://www.economist.com/news/leade...ed-world-death
Peace
Bruce in Philly
Final paragraphs from the piece:
The internal combustion engine has had a good run—and could still dominate shipping and aviation for decades to come. But on land electric motors will soon offer freedom and convenience more cheaply and cleanly. As the switch to electric cars reverses the trend in the rich world towards falling electricity consumption, policymakers will need to help, by ensuring that there is enough generating capacity—in spite of many countries’ broken system of regulation. They may need to be the midwives to new rules and standards for public recharging stations, and the recycling of batteries, rare-earth motors and other components in “urban mines”. And they will have to cope with the turmoil as old factory jobs disappear.
Driverless electric cars in the 21st century are likely to improve the world in profound and unexpected ways, just as vehicles powered by internal combustion engines did in the 20th. But it will be a bumpy road. Buckle up.
https://www.economist.com/news/leade...ed-world-death
Peace
Bruce in Philly
Final paragraphs from the piece:
The internal combustion engine has had a good run—and could still dominate shipping and aviation for decades to come. But on land electric motors will soon offer freedom and convenience more cheaply and cleanly. As the switch to electric cars reverses the trend in the rich world towards falling electricity consumption, policymakers will need to help, by ensuring that there is enough generating capacity—in spite of many countries’ broken system of regulation. They may need to be the midwives to new rules and standards for public recharging stations, and the recycling of batteries, rare-earth motors and other components in “urban mines”. And they will have to cope with the turmoil as old factory jobs disappear.
Driverless electric cars in the 21st century are likely to improve the world in profound and unexpected ways, just as vehicles powered by internal combustion engines did in the 20th. But it will be a bumpy road. Buckle up.
#35
Three Wheelin'
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Wish I was just dreaming this up but no joy....
#36
Three Wheelin'
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#37
Burning Brakes
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Originally Posted by SoCal C2S
Need to put the wine bottle down for just a minute and read the public records from the state senate debates....it's in the single payer health care bill passed a few weeks ago along with many other "fees" they are looking to tag onto the CA people. Somebody has to pay the $200B for free health care.
Wish I was just dreaming this up but no joy....
Wish I was just dreaming this up but no joy....
#38
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Wait someone has to pay for "free healthcare" it's not just free? So confused.
#39
Drifting
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We all pay for "free" healthcare when people with little or no coverage go to the ER for treatment (and they can't be turned away) for little or major issues, we all get increases in premiums to pay for it. Or some fat harley or biker dumps his bike not wearing a helmet and scrambles his brains, at 10 MPH. Just like we pay for people that build fancy homes on barrier islands, flood zones, and other places where sooner or later.... they get wiped out. Spreading risk over a larger pool, is what it's bout,,,that and the CEO's of Aetna, Blue Cross, Humma and others getting 25 million per year salaries.
So, if my taxes go up AND my medical insurance premiums go up, where is my money going?
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
#40
Nordschleife Master
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...
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
Spot on! Same for recent immigration fleeing failed socialist economies.
#41
Burning Brakes
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Originally Posted by Iceter
That's the line used by proponents of single-payer medical care to explain how it's better than the current setup. By this logic, if we pay for these people through our taxes, as in the current scheme, then our premiums would be reduced, as those without healthcare are now paid for by us, via the government through our taxes. Yet our premiums go up under the new scheme.
So, if my taxes go up AND my medical insurance premiums go up, where is my money going?
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
So, if my taxes go up AND my medical insurance premiums go up, where is my money going?
Another curiosity that belongs in Ripley's Believe it or Not...the people that leave California and the Northeast in search of a lifestyle with lower regulation and taxation and a slower pace of life? Those people move but continue to vote as they did when they lived in those blue strongholds. They don't seem to make the connection between their voting habits and the high taxation and onerous governmental oversight they so desperately wish to avoid. The cognitive dissonance is strong with them.
#42
Burning Brakes
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Originally Posted by ADias
Spot on! Same for recent immigration fleeing failed socialist economies.
#43
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Blah blah blah.....if your so called Red States are so great with low taxes and no regulations then why do they have the lowest GDP and incomes while having bad roads, huge opoiad deaths, and failing schools. Just look at Oklahoma and louisiana as examples of this. Add in Kansas too. Blue states keep the red states afloat since we send in far more tax dollars to the treasury than they do.
#44
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Blah blah blah.....if your so called Red States are so great with low taxes and no regulations then why do they have the lowest GDP and incomes while having bad roads, huge opoiad deaths, and failing schools. Just look at Oklahoma and louisiana as examples of this. Add in Kansas too. Blue states keep the red states afloat since we send in far more tax dollars to the treasury than they do.
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