Marc Joffe(@joffemd) 's Twitter Profileg
Marc Joffe

@joffemd

Policy Analyst at the Cato Institute focusing on fiscal sustainability and transparency. Happily married for 17 years and counting!

ID:18560905

linkhttps://www.cato.org/people/marc-joffe calendar_today02-01-2009 20:00:44

2,2K Tweets

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Dolton is late in filing numerous reports required by the Illinois State Comptroller. Some of the reports were due more than 17 months ago.

illinoiscomptroller.gov/constituent-se…

Dolton is late in filing numerous reports required by the Illinois State Comptroller. Some of the reports were due more than 17 months ago. illinoiscomptroller.gov/constituent-se…
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Like Tesla, Rivian is cutting staff as electric vehicle sales growth slows. Meanwhile, the company scored a major tax break from the State of Illinois. We'll have to see whether they have enough demand to justify a new plant. ocregister.com/2024/05/02/riv…

Like Tesla, Rivian is cutting staff as electric vehicle sales growth slows. Meanwhile, the company scored a major tax break from the State of Illinois. We'll have to see whether they have enough demand to justify a new plant. ocregister.com/2024/05/02/riv…
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Share of commuters using transit in 2022 is well below 1960-levels despite large infusions of federal funds. That said, car travel is also being subsidized.

Source: Wendell Cox for CTUP

Share of commuters using transit in 2022 is well below 1960-levels despite large infusions of federal funds. That said, car travel is also being subsidized. Source: Wendell Cox for CTUP
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I don't agree with this. Pension funds like CalPERS and CalSTRS are seriously underfunded. To make up ground, they need the best risk-adjusted returns possible. ESG ideas like fossil fuel disinvestment are anathema to that. eastbaytimes.com/2024/05/02/opi…

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Everything is more expensive in California. Now we have the highest electricity rates of any state in the Continental US. sfchronicle.com/california/art…

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Worth dwelling on the underlying question: if there is a right to housing, how geographically specific is that right? Can we all move to Piedmont (area 1.7 sq. mi.) and demand free housing there? I think a broader definition is needed.

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I think shared (shared bikes, e-scooters, etc.) is a great solution: low-cost transportation in cities without huge taxpayer subsidies. But it can only work when vehicles aren't stolen/vandalized. So this update from Lyft is scary.

I think shared #micromobility (shared bikes, e-scooters, etc.) is a great solution: low-cost transportation in cities without huge taxpayer subsidies. But it can only work when vehicles aren't stolen/vandalized. So this update from @lyft is scary.
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I guess the leading candidate for the LP Nomination, Larsforpresident wasn't consulted about the Trump invitation. Great for attracting eyeballs; terrible for our brand.

I guess the leading candidate for the LP Nomination, @lars4president wasn't consulted about the Trump invitation. Great for attracting eyeballs; terrible for our brand.
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California's population stopped declining in 2023, with growth mostly occurring in inland cities such as Bakersfield and Fresno. At least there will be someone to ride high-speed rail if and when they ever finish it in the Central Valley.

California's population stopped declining in 2023, with growth mostly occurring in inland cities such as Bakersfield and Fresno. At least there will be someone to ride high-speed rail if and when they ever finish it in the Central Valley.
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San Francisco: home of the $20 burgers and burritos (when restaurant add-on fees are included). BTW, now that we have Covered California, why do we still need HealthySF? sfchronicle.com/food/restauran… via San Francisco Chronicle

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S.F. Mayor Breed proposes $360 million bond. Debt service payments won't raise taxes; they'll just prevent property tax rates from going back down to less outrageous levels. sfchronicle.com/sf/article/s-f… via San Francisco Chronicle

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Amazing how California gas station owners are so much greedier than those in other states! Or might there be some other explanation, Governor?

Amazing how California gas station owners are so much greedier than those in other states! Or might there be some other explanation, Governor?
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Village of Dolton losing legal representation. Law firm representing village in FOIA case asks to be removed. Could leave the community vulnerable to more serious legal actions. edgarcountywatchdogs.com/2024/04/villag…

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