Save The Nation - Feb 2021

If the near total collapse of the Texas energy grid on the morning of February 15th demonstrates anything, it proves the importance of reliable energy production. In short, federal and state policies that pick winners and losers among clean energy sources steered both public funding and private investment away from reliable sources. Hopefully, policymakers will learn their lesson from the events in Texas and wake up to the reality that energy security requires a diversity of reliable sources; chief among them is nuclear power.

Big government activists are emboldened with Democrats in control of Congress and the White House, as well as many state governments, and they are pushing for restrictions on consumer borrowing through the creation of interest rate caps. These pieces of legislation, similar to a proposal put forth by Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez in 2019, would place a government-mandated ceiling on interest rates for personal loans -- thereby reducing available credit. Although proponents contend these measures would protect working Americans and minority communities from over-using credit, this claim couldn’t be further from the truth.

It is said that the next ten years will see more dramatic innovation and change than the last 100 years combined.