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moniss

(9,150 posts)
6. Nation wide decades of failure to invest
Mon Dec 26, 2022, 01:34 AM
Dec 2022

in the grid/generation etc. and instead plowing profits into dividends etc. to enrich shareholders. People are quite rightly pointing out that EV charging on a really large scale combined with increasing HVAC demands will be problematic. But the "public utilities" haven't operated in the interests of the public for a very long time.

An ever increasing demand on water infrastructure/availability is also a dramatically increasing problem. Remember that the infrastructure plan that we did get passed was scaled way back by Manchin and the GQP to only a fraction of the original plan. Failure to invest in maintenance and upgrading is purposeful neglect. The ones who make the decision not to keep things up do so for the purpose of plowing that money into pet projects/benefactors projects that will yield campaign contributions etc. They also do so because they know that eventually the infrastructure will have to be almost completely redone at a massive cost and that is their chance to lop off some more money to pals for contracts/campaign contributions. I've seen schools refuse to spend money for decades on basic roof repairs/building repairs and upgrades and then finally they have to spend many hundreds of millions of dollars on a new building. It's a scam.

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