19,573,444,713,936.79. The debt to the penny.
In less than eight years in office, Obama has presided over an increase in the national debt of over nine trillion dollars ($9,000,000,000,000). Under the leadership of Obama, our national debt has nearly doubled. The makers in this country (all employed men and women minus city, state, and local government employees) have seen their portion of the debt rise from about $90,000 in 2009 to $157,887 in 2016, a 75% increase.
No matter how the ball lickers on the left try to spin this, Obama has presided over deficit spending in excess of $1.15 Trillion every year of his presidency, on average. Remember that when you read articles talking about how he's "reduced the deficit."
Tuesday, October 4, 2016
Thursday, March 17, 2016
Ivanpah solar power plant on the verge of shutdown
Two years after the startup of the Ivanpah Bird Grilling plant - I mean, the Ivanpah solar power plant, it seems that - surprise, surprise! - it doesn't work.
A federally backed, $2.2 billion solar project in the California desert isn’t producing the electricity it is contractually required to deliver to PG&E Corp., which says the solar plant may be forced to shut down if it doesn’t receive a break Thursday from state regulators.
The Ivanpah Solar Electric Generating System, owned by BrightSource Energy Inc., NRG Energy Inc. and Alphabet Inc.’s Google, uses more than 170,000 mirrors mounted to the ground to reflect sunlight to 450-foot-high towers topped by boilers that heat up to create steam, which in turn is used to generate electricity.Well, duh. The technology is immature, the concept is silly, and the only thing governments are really good at is malinvestment. But of course, as we all know, government's solution to problems it creates is to double down, triple down, etc.. The plant will undoubtedly be given a pass, and continue on it's quest to eliminate all avian life in California.
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