Wind: 6 mph
To The Editor:
Yesterday (December 15, 2011), Governor Shumlin announced his future plans for electric power in Vermont. He stated that his plan will require rate increases. USA Today (December 13, 2011, Page 2a) listed electric rates in all the states. Vermont has the ninth highest rate in the country, twice the cost of power in Idaho, which has the lowest rate. Looks like our governor is trying to make us number one. Does anyone know what will happen to our rates if Yankee nuclear is closed? Maybe keeping it open isn’t such a bad idea after all.
In the TV news this week, Jay Peak announced that a lot of rich people invested $150 million to build a new water park. Can you believe it, they expect to make a profit and in some cases obtain a green card also. By doing this, it appears they accidentally created 1,000 full-time jobs. Is it just possible that “taxing the rich” is not the way to solve our financial problems and create new jobs?
Just something to think about.