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What nongovernment entity is going to lay out the necessary billions of dollars if politically minded state rate-setters won't let them recover both the capital outlay and the true cost of maintenance, not to mention earning a decent return for shareholders and creditors?
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That is especially true if the buyer is a mining firm, earning near-record prices once more for its ore.
ECONOMIST: Feeding the world has become a mouth-watering opportunity
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This is particularly true of the baby boomers as they hit their peak earning years of between 45 and 65.
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Misstatements on coaches' resumes have occurred occasionally over the years, perhaps the most infamous example being when George O'Leary resigned as Notre Dame football coach five days after he was hired in 2001 when it turned out his claim of earning a master's degree in education was not true.
WSJ: New Rutgers basketball coach doesn't have degree
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As a result, by 2009, these Reagan Republican tax policies led to the middle 20% of income earners, the true middle class, paying only 2.7% of all federal income taxes, while earning 15% of before-tax income.
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In sharp contrast, in that same year, the middle 20% of income earners, the true middle class, paid 2.7% of total federal individual income taxes on net, while earning 15% of before-tax income.
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