Framing the Dialogue

Posts Tagged ‘return’

Diminishing Returns

Having a car that is nearly eight years old with almost 150,000 miles makes the annual inspection a likely costly adventure. My appointment was Monday so I dropped the car off Sunday night and anxiously awaited the news. I got the call in the early afternoon and Ed, our mechanic, started going through the list; A/C check, battery, tire rotation…little stuff really. Ed hesitated and I said “okay now for the bad news.” The bad news was repairs to the tune of $1,400 (a big part was brakes all around) and that my car would not be ready until the next evening. The real bad news is that Ed did some checking and told me that my vehicle is showing its age and miles. Some of the hidden stuff will probably need to be replaced next year and maybe I may not want to spend that kind of money. Essentially telling me that I’d be paying a lot more money for an old vehicle…or getting diminishing returns on my investment.

Tilting At Windmills

Blowback on windmills was the headline that caught my eye in the “letters” section of Pittsburgh’s Tribune Review.  The letter was from Sarah Howell, the vice president, public affairs, for the American Wind Energy Association.  Ms. Howell’s response to the original article titled The Windmill Sham was understandable given her position advocating windmills.

The original editorial piece was critical of the number of jobs created by government subsidies of the alternative energy industry.  The author made the mistake of siting actual data from the Spanish government showing that the actual cost of each new job was around $333,333.00.  Of course the response from the wind folks touted how many jobs were created because of government support/subsidy of the industry.