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I see I didn't make it clear the "Neo-Classical Brain Rot" was directed at the British Government, not you.  I inadvertently insulted you and I apologize.

But .... look

IS electric infrastructure invest by the UK government a Good Idea?  Of course.  And I doubt I have to 'splain why.

Will it kick-start a round of economic vitality.  Almost certainly no.

We know this from the affects on the economy from the history of the Rural Electrification Program carried out in FDR's administration.  Yes it brought electric power to the rural areas.  It did not promote a wave of use because the farmers couldn't afford to purchase products, e.g., milking machines, that could take advantage of it.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Sun Oct 30th, 2011 at 02:36:26 PM EST
[ Parent ]
Yes it brought electric power to the rural areas.  It did not promote a wave of use because the farmers couldn't afford to purchase products, e.g., milking machines, that could take advantage of it.

Not initially, but the REA did bring the countryside into the market for electric appliances once they had the income to purchase them.  

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Nov 3rd, 2011 at 12:43:04 AM EST
[ Parent ]
However, if the there are no results "initially," then, in the present political environment, Her Majesty's Government may well find itself ruling something markedly less United than the present Kingdoms.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Nov 3rd, 2011 at 05:24:13 AM EST
[ Parent ]
But the difference is that UK citizens already has electric appliances. So if investment in clean energy (and a decent market structure) gives lower costs for the electricity bill they have today, should that not free up some space for new consumption or investment?

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Thu Nov 3rd, 2011 at 08:54:10 AM EST
[ Parent ]

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