John Stossel
@JohnStossel
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The US Government spent billions building electric vehicle.
They built 400 over five years.
How many did @ElonMusk's @Tesla build in the same timeframe?
35,000!
And activists want government to take more of his money?
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Seattle city council wanted to help "exploited" gig workers.
So they forced delivery apps to pay drivers MORE.
"I wouldn’t assume that prices are going to go up," said one politician.
But prices DID go up.
@judgeglock of @ManhattanInst explains how regulation backfired:
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When Elon Musk became the world’s first trillionaire, people got mad.
How much money should any one person have?
AI critics mistakenly assume that data centers ALWAYS raise electricity prices.
It’s not true.
“We can definitely do AI in a way that keeps electricity prices the same or even lowers them,” explains @AlexEpstein.
Here’s how:
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Jeff Bezos thought we'd have drone deliveries by 2018.
Most of us STILL don't have it.
Why?
"Confusing regulations” explains @AdamThierer, author of Permissionless Innovation.
President Trump wants the government to cut the red tape:
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Seattle passed a $26/hour min wage to help gig workers. It made things WORSE.
Driver pay didn’t rise, but customers pay more, and restaurants get fewer orders.
“The actual effect … sabotage one of the most successful businesses in the city," says @judgeglock of @ManhattanInst.
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Many act as if slavery was a uniquely American crime.
“One reason,” says author Wilfred Reilly (@wil_da_beast630), “is that a lot of black people survived here.”
He argues that much of what Americans are taught about slavery is just wrong:
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People call environmental groups underdogs protecting us from big bad companies.
In reality, the enviros are now the big guys!
“They have billions of dollars to not build a thing, but just to oppose building things,” @MarkPMills points out.
Here’s how they stop progress:
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Congratulations @ElonMusk.
Thanks to SpaceX's IPO, he's the first Trillionaire.
He didn't TAKE money from anyone. He CREATED wealth.
He launched satellites that connect even the poorest, most remote parts of the world.
Our world needs more MAKERS like Musk; fewer TAKERS like:
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