Government spending crowds out private sector spending, diminishing the private economy’s rate of growth and costing Texans jobs. In other words, increased government spending makes citizens poorer because it takes their money now, while also reducing their future income and employment prospects. This fact is at the heart of the debate about whether or not Texas should accept federal stimulus money.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 2: Projecting Winter Outage Risk Through 2030
Part 2: Projecting Winter Outage Risk Through 2030 As Texas approaches the five-year anniversary of Winter Storm Uri, the ERCOT grid faces growing vulnerability to winter power outages. This analysis projects that by 2030, the same type of storm that would cause approximately 12 hours of outages today could result in nearly 24 hours of...