On Nov 11, 2:25*am, Morten Reistad wrote:

France does the reprocessing, and they are now building a string
of nuclear reactors in Mexico to feed the US market for electricity.

So, parts of the US will soon have dependable, cheap electricity.
Thanks to France and Mexico. Who will make a killing in the markets.

I don't know if California will _ever_ have dependable, cheap
electricity. Since a California governor enacted a law forcing
companies selling electricity to California to continue providing
electricity to an _insolvent_ utility there, instead of securing the
supply of electricity to Californians in an honest way - by paying for
it in advance with the taxpayer's money if need be, or at least
supplying guarantees backed by the taxpayer's money - while people in
Texas and Arizona might get dependable electricity from Mexico,
California is likely to be branded as a thief with which it is not
worthwhile to do business for a long time to come.

However, "cheap" electricity from Mexico is an illusion, just like
"cheap" goods from China. Yes, they're cheap to the _individuals_
purchasing them, because individuals don't face additional marginal
costs when spending the same number of dollars on imported goods
instead of American-made goods.

But the country as a whole is poorer; people are left idle who could
be working productively - but who can't be allowed to have jobs,
because then they would buy more imports, and that would lead to more
money being spent on imports than America earns on exports.

Only by tightly controlling imports with high tariffs would America be
free, without the danger of going into debt from a negative balance of
trade, to stimulate the economy as required to achieve full
employment.

John Savard