💰 租金冻结政策的风险：作者认为，Mamdani提出的租金冻结政策，旨在让一切免费，类似于“苏联式”的经济模式，可能导致房屋维护和维修的资金短缺，从而使公寓设施严重老化和失修，因为业主将无法收回投资或获得合理回报。这与历史上的价格管制失败案例相似。

💡 水电费冻结政策的局限性：Sherrill提出的水电费冻结政策，虽然旨在降低居民负担，但作者认为这将阻碍电力公司进行必要的服务升级和新技术安装，例如引入低成本的天然气管道或建设新的模块化核电站。这种冻结可能导致基础设施落后，无法满足未来的能源需求。

🌬️ 能源政策的争议与批评：文章对新泽西州州长Murphy的能源政策表示质疑，特别是其在离岸风电方面的投入，导致“陆上搁浅的鲸鱼”。作者指出Murphy在担任州长前曾是资本家，但上任后却采取了“左倾激进的绿色新政”路线，这与选民对水电费飙升的不满形成对比。

📈 经济常识的缺失：作者认为，包括Mamdani和Sherrill在内的民主党人士普遍缺乏基本的经济常识。他们提出的冻结政策，不仅可能损害普通居民的利益，也可能对拥有电力公司股份的投资者和工会养老基金造成经济损失，因为这将直接影响公司的盈利能力和投资价值。

You've got rent freezes from socialist Mamdani and a freeze on utilities by New Jersey’s Miki Sherrill. 

Of course, economic illiteracy for Mamdani comes way too easily. He wants to give everything away for free. My favorite is his Soviet-style supermarkets. If you can find anybody who lived through any of the 70 years of Soviet communism, please ask them how well the shelves were stocked with fresh food during the communist period. It was a disaster. 

And of course, add up Mamdani’s free spending ways, and you get a number that’s almost equal to the current New York City budget. And much bigger than the budget of the New York police department.

But rent freeze which covers roughly half of renters simply means that the apartments will spiral down into total disrepair because owners won’t make any money or break even. They will lose their investment. Price controls of any kind never work. Ever. But tell that to New Jersey gubernatorial candidate Mikie Sherrill who’s very proud of her utility cost freeze. Of course she doesn’t understand it because she’s a big greeny. 

But here’s the point. You freeze utility rates then the electric utility companies in New Jersey will never be able to upgrade services or install the latest technologies. Or how about putting in pipelines to bring in low cost affordable natural gas or even building some of these new modular nuclear plants. That’s the solution. Not a freeze.

The trouble is during Governor Phil Murphy’s days, he was interested in offshore windmills. And what he got was onshore dead whales. How very clever of him. 

And I count him as a personal friend, and I also recall that he was a big capitalist as a senior partner at Goldman Sachs. But when he put on that Governor’s crown of thorns, he just went way left socialist green new deal. And the voters of New Jersey are apparently furious at sky-rocketing utility rates. 

Of course, the utility companies in New Jersey are owned by investors and by union pension funds. So, a rate freeze would kill them too. But the long and the short is economic illiteracy is alive and well in the Democratic Party. But you already knew that.