In order to stimulate the inert economy, we now have the government investing in government. The public sector is trading public dollars for public dollars.
“How will you spend your future?” the California State Teachers Retirement System logo asks. I wouldn’t spend it on a solar plant. Nor would I voluntarily spend my future with CalSTRS.
Nearly every time I pick up the newspaper, the headline screams that another solar plant has closed and the business gone under. Yet I see that the California State Teachers’ Retirement System is investing $42.8 million in a large solar plant in Sacramento.
“Investing” was… Read More