{"id":3639,"date":"2007-03-12T04:46:00","date_gmt":"2007-03-12T04:46:00","guid":{"rendered":"http:\/\/brianjnoggle.com\/blog\/?p=3639"},"modified":"2017-11-29T19:27:23","modified_gmt":"2017-11-30T01:27:23","slug":"keynesian-flat-tire","status":"publish","type":"post","link":"https:\/\/brianjnoggle.com\/blog\/2007\/03\/12\/keynesian-flat-tire\/","title":{"rendered":"Keynesian Flat Tire"},"content":{"rendered":"<p>David Nicklaus writes <a href=\"http:\/\/www.stltoday.com\/stltoday\/business\/columnists.nsf\/davidnicklaus\/story\/0F983B8480ED79A68625729900803439?OpenDocument\" target=\"_new\">a column<\/a> on the drastic electricity price increases in Illinois, and finds a common villian: The government.<\/p>\n<blockquote><p>The Legislature, after all, passed the deregulation law in 1997 that led to this year&#8217;s rate increases. Consumers benefited for a decade from a rate cut and then a rate freeze. But the utilities, which no longer own power plants directly, had to buy power on the open market beginning this year and pass the cost on to consumers.<\/p><\/blockquote>\n<p>Statinalizing the power companies won&#8217;t solve the problems that exist when physical suppy and demand collide.  Government officials only trade in perceptions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Nicklaus writes a column on the drastic electricity price increases in Illinois, and finds a common villian: The government. The Legislature, after all, passed the deregulation law in 1997 that led to this year&#8217;s rate increases. Consumers benefited for a decade from a rate cut and then a rate freeze. But the utilities, which [&hellip;]<\/p>\n","protected":false},"author":3334,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-3639","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/3639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/users\/3334"}],"replies":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/comments?post=3639"}],"version-history":[{"count":1,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/3639\/revisions"}],"predecessor-version":[{"id":18212,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/3639\/revisions\/18212"}],"wp:attachment":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/media?parent=3639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/categories?post=3639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/tags?post=3639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}