20 Million People Can’t Afford to Pay the Electric Bill
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- เผยแพร่เมื่อ 27 ธ.ค. 2022
- Roughly 20 million households in the U.S. - one out of six homes - are behind on their utility bills. As of August, these families owe about $16.1 billion in total, with an average amount owed of $788 - and the consequences of this could be dire, especially as home heat costs are expected to reach their highest level in over 10 years.
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Remote Work is Here to Stay...With a CATCH th-cam.com/video/_Nn1W-2sEe0/w-d-xo.html
Qq+q
The U. S doesn't need more cars on the road, what is in need is a massive public infrastructural transit system 🧐
👍👍😂😂😂🤣🤣🤣
@@osuave7811 Agreed, but the US has a selfish culture, people don't care about anyone else other than themselves, so they will want to drive in their own and complain about how bad traffic is, how many tolls they have to pay, gas prices etc. Suburbia is expensive and unsustainable, yet we keep building single family houses far from cities, why? because we are the market and capitalism serves the market, regardless of what good for a city or people. it will do what is most profitable.
CA Governor Newsom announced back in the summer of 2022 that he signed legislation to ban all gas powered vehicles sold in CA by 2035. Couple of days or so later during the heat wave, CA told citizens not to charge their electric cars during peak hours as to not put strain on the electric grid.
Gavin Mussolini sucks🤮I know I live in Northern California!
need to invest in the roads so people can more productively drive quicker
And they used to say Girls were fickle!
If it wasn't Getty money backing him and this dishonest voting he would have been history
Doesn't mean anything what he signed and doesn't mean anything like that will happen. He signed the bill to appear he's doing something and to appease certain people. He's a showman out for personal gain- and his family, friends, and business associates. Just like all political pros.
Electric cars are great for city use esp. when they can be charged at home. But they aren’t practical for rural living or long distance travel.
Do you own one?
@@Charlesbjtown Can’t afford one!!! But my friend has one just for running errands and grocery shopping. He’s also got a regular gas Tundra.
@@christinecortese9973 Didn't think so.
Keep the common sense coming, Michael. It seems to be in short supply for many people.
I surely will
Soon everyone will have a Million dollar home with no electricity. That's amazing. Good job federal reserve 👏 👍
Prices for shacks still going up against all contrary logic, so you're not kidding.
Great points Michael! My thoughts...we need to stop trying to fix the things that work and start fixing the broken items/systems.
I totally agree with you Michael, why are we continuously sending billions of dollars out of our country when so many Americans need help here. Many of our roads and bridges need repairs, our hospitals are on life support etc etc….. It makes me mad that the average American has virtually no say in how our tax dollars are spent.
They are buying ukraine,,that is what they are doing
Kick backs.
They are not going to Ukraine the money is going to the pockets of the US defense industry Raytheon
Ukraine
@@TexasCoffeeBeans It's going to Ukraine, payment for cost of the land.Its done
What most people need to understand about EV batteries is they degrade year by year. So that 250 miles of range when new, slowly goes down year by year. I own an auto repair shop in RI and we see this. For example, a Nissan Leaf that is 10 years old currently gets about 35 miles of range (it was about 90-100 when new) So throw in cold weather and that brings it down even further.
On Interstate 15 from California to Las Vegas, Caltrans can't even keep the rest areas (bathrooms) open and we're suppose to have car charging stations every 50 miles?
There you go!
The one in Baker Ca is down right scary.
Common sense isn’t very common these days. LOL
In Florida you don't need electricity. Forage off the land. Get off the grid. Spear fish for food. Sleep on the beach during low tide.
I agree with New Mexico saying how can we maintain the chargers in rural areas. Most states can't even maintain the public rest stops with working toilets, toilet paper, or regular maintenance. Utah did a smart thing to address some of the maintenance issues by putting in waterless urinals. At least we know they will still function.
SCOTTY KILMER has been saying the same thing about EV's for years
IS NOT SUSTAINABLE not to mention that WHO can afford an EV in this recession ?
NO WAY will there be the infrastructure for EV cars
The flannel look is nice. Goes good with the salt and pepper hair.
Thank you!
I drive for ups and we have “ High risk” customers labeled on our computer. Basically if the customer claims they didn’t get a package, they have to sign for all of their future packages. Eventually they sign a waiver on the computer telling us to leave their package and that ups is not liable if the package gets stolen. Everything is true, that u can’t cheat the system. U can cheat it once but after that it’s pretty hard.
Long ago when I delivered pizza, we didn't have that so much, but the computer would let me put in special delivery instructions. I would go back in and add that after my delivery. So all those homes that are hard to find, next time they order using that phone number, the receipt would automatically print out with their special delivery instructions. That was one of several great features about going from paper to computer. The other was, being able to actually read the box stickers.
The plaid is refreshing
Federal government should have put the emphasis on hybrid cars gas and electric.
Wrong. There is very little positive I can say about hybrids. The stupid hybrid failed to get rid of most of the parts that can wear out and break. Paying more money up front for slightly better gas mileage. The one thing I have heard positive about hybrids is that they helped keep the dream of the electric car alive.
I like that the EVs are very quiet and have no gears to shift. There is not even a reverse gear, because unlike ICE, the electric motor actually can spin in reverse. However, EVs clearly are not for everybody, if you do not have a convenient place at home to recharge then most any benefit is negated. EVs are nowhere near ready for prime-time. There never was any valid excuse for an EV mandate. And "climate change" is fake-science and CO2 is plant food.
copper thieves are cutting the pigtails off at charging stations costing $$$ for repair.
There is no solution to stupidity.
2023 the year a “van down by the river” officially hits an affordable $500,000
😄
I like how you bring in current issues and economic topics as well as real-estate. Keep up the good work.
I thought this idea years ago. Standardize all electric car batteries so they can be swapped out with a fresh battery when the charge is low. It's like the propane tank exchange concept. Electric fork lifts in warehouses does this now.
The stations then recharges the exchanged batteries to be then replaced into the next customer that needs a charge. In and out in 5 minutes vs an hour to charge.
Except there isn't enough lithium for this fantasy and China controls 90% of the available resources in it.
There you go again, thinking logically!
That’s definitely a better idea than the system they have right now
Every company thinks it has the best battery technology so it wont happen anytime soon.
That does not seem feasible at all. Do you have any idea how heavy those batteries are? Just how many bolts would have to be loosened? What happens when somebody has a battery not properly secured and it falls off or something over-stresses and bends? Would you want the failing 7-year-old battery swapped onto your 1-year-old EV? And if I understand right, the battery structure now may even be merged with the structure of the car. Not every easy then to separate the two. And right after smart-phone batteries are no longer easily swappable? And that was only for the very same shape battery and similar phone model.
What do propane tanks have to do with anything? Just your basic propane tank when purchased in bulk, probably doesn't even cost $5. Not the same at all. And a quick visual inspection might be enough to tell if a rusty propane tank needs to be disposed of and not just keep recirculating it again and again.
Michael you are my You Tube barometer for common sense and reality check!
That’s so awesome!
Last night I noticed the chargers near my home were all empty but all were all lit up like Christmas trees
Consequences of an overinflated dying currency
$200 per month.
water, sewer, trash, reclaim.
St Pete FL.
those city workers gotta retire, right ✅️
I could finance a 10k car for that monthly...
Yep
Lithium batteries don't charge well when it is cold. All my Lithium power tools batteries need to be out of the cold to charge properly. That is why I wouldn't buy an overpriced undependable veichle!
I live in the DC area and all this 1.7 trillion will do is pad my local economy, pay thousands of unproductive, useless government workers and sustain high inflation throughout the country.
I agree,.....I live off I-95 between D.C and Baltimore.A buddy of mine works for Booz Allen and makes about 130k a year working at home everyday on his computer moving money back and forth.
@@Tonymanero1960 Thinking outside the echo chamber. The US AID to Ukraine is a loan that has to be paid back. Fact-checker: Most of the aid offered Ukraine is internal or industry purchased and has a BENEFIT IN SOME WAY, TO THE UNITED STATE. US policy since the founding fathers has been to encourage industry by purchasing from US sources everything from snow shoes to salt pork, and after the Civil War purchasing regulations often required that the US purchase from within its own economy for things like steel rails or canon, except when there was no equivalent source, such as Armstrong or Krupp Cemented armor. So that accounts for most of the 33 billion - the US transferring older or retried weapons, new weapons purchased from US contracts on existing material, and paying off US suppliers who have extended Ukraine credit. 2nd The next part is the REDUCTION of tariffs on steel by Ukraine, which costs the US money but Ukraine is using that steel to purchase US products and the US benefits because our steel is tight right now.
You’re right
Charging every 50 miles across Wyoming? They’re joking right? Part of the beauty of Wyoming is that you can drive for hundreds of miles and not see anything! In parts there’s no electricity, no buildings, no cell service, just a fence maintained by local families.
There’s a reason why there are signs when leaving towns “next service 200 miles” aka, get gas and pee now!
thank you, Michael, for showing us the cheapest house in Miami😂😂😂
My pleasure now you know where to find the deals😄
I'm from the government and I'm here to help...
28 million and will be underwater in 2050!
OMG! Just talked to a guitar player who ordered a guitar processor ($700 each) and they sent 2! He said he wanted to send both back and they said just keep them and we will refund your money. You're absolutely on top of the news Michael.
Wow, that is a nice freebie!
Thanks! Miguel
Thanks for the super thanks Joel! Happy New Year!
@@MichaelBordenaro Feliz Ano Nuevo a ti Miguel and a todos tus seguidores de YOTUBE ,We all appreciate your work here in this plateform Michael ,God Bless you Man
It’ll come to families moving back together just to make ends meet
Yes , this happened to me with Amazon a couple times. Small things, nothing major.
Thank you Michael 👍😊
You’re welcome!
You may want to check on the Cobalt mines in the Congo using thousands of slaves.....critical battery materials come from there....China owns the mines too.....
Yup, rare earth minerals for these stupid ev’s that have not been mastered and countries like China and Russia going into other countries to mine these minerals without any oversight. The same can be said for fossil fuel, do you think Saudi Arabia, Iran, etc is producing fossil fuels in an environmentally sound way? The United States was producing fossil fuels before Biden was elected and he screwed the pooch by shutting down the United States ability to be self sufficient on fossil fuel and lng. We are in a world of shit. I’m scared for what is going to happen in the next 6, 12 months.
Always enjoy your videos bro you speak the Truth 💯
Had a BMW in Montana, when it was sub zero even one degrees it usually would not start.
Great Video Quality
Agreed, we need to roll out sensibly. Building the highway system for automobiles was a huge project. This will be similar.
EXCELLENT POINT! 5:20
"20 Million People Can’t Afford to Pay the Electric Bill" yet we have 40 + effing billion to give to dam Ukraine. WTF!
Exactly
The running total is up to about 140 Billion!
This is complete insanity.
I doubt Ukraine even sees it, it probably gets laundered long before that
Congress thinks that if we get any financial help it will just cause inflation plus give us no incentive to work. They don't seem to realize that those of us doing uninteresting jobs do not like to be treated like crap by management, especially with unlivable wages and being told, "You're replaceable." I could go on.
awesome video thank you.
Thanks glad you enjoyed it!
Watching your good videos from Colombia!
Keep it up Michael. I love that you are broader in your research and perspectives - beyond just 'real estate'. You are great!
I agree 💯👍 and I like the walk and talk format.
Thank you Greg so glad you enjoy when I branch outside of just real estate!
Totally agree!
I love this neighborhood you are in today.
This new look suits you man.
Many solar units on the tops of hills are in bad need of maintenance or have been abandoned. Same kind of story.
I think transitioning to electric cars is a lot like transitioning from your job to starting your own business. What we need to do is get to a point where we have 2 systems that can each on their own take care of 100% of the capacity: gas, which we have now, and electric. When we are redundant in that fashion where we have so much excess, only then would we be ready to even consider such a thing. It's generally a better idea to work from a position of surplus than scarcity.
There you go again, thinking logically! You cant rip the people off if you fix the problems 🤦♀️ :)
Very well said Ken
I think it is even worse situation with the EVs especially if you look at the existing ancient power grid infrastructure. In CA, the existing power grid is so old and outdated that every time there is heat wave that hits the state, entire city blocks go without power. This is common occurrence every year as even Edison publishes which zip codes will go through the power off rotation lottery system. We are told to conserve energy, use as little power in peak hours, yet CA is promoting EVs which gobble several kwh each on charger. For now, only ~ 3% of all cars in CA are EVs. By 2035, all cars sold supposed to be EVs. A disaster in making.
I work for Musician Friend's. Sorry we got way too much inventory and backlog. We have to charge to stop the overflow.
Oh wow that’s cool! Thanks for mentioning that
Michael, love the "lumberjack look" ...actually, it's not the shirt, it's the man that makes the shirt look good! And you're looking good... (Just sayin') 🙂 Thanks for all you do!
Thank you, Gina!
Next year gas going up a buck a gallon. Things are not going down.
The solution was placed into the market back in 2007 by Toyota, and the solution is: Hybrid. It has been proven to work, to add reliability to gas engines and to save tons on gallons of fuel.
But yet I agree with you, we taxpayers have to pay for these irreponsible decisions of our politicians. Great video!
I sold my 2022 Electric Ioniq 5 last week. The infrastructure for electric cars is not sufficient in Florida at this time.
how much did you lose?
I don’t blame you!
@@TM-173 I gained. Those cars go for more now.
@@bryant6524 that's wild, congrats
In USA EVs are so expensive. Not in Asia.
Michael , your brain is a gem. Thank you .
Thank you Wanda!
I’ve had Amazon say I didn’t need to return items two or three times.
Great informative news. Thanks!
Thanks Emzy!
The smart families live together. I can tell you from experience, the families that live together have the best benefits and wealth.
What do you mean, cousins, grand parents, etc? Very interested in your view, this is still done today.
I know families that lives on the same street in diff houses. But not inside the same house.
certainly an advantage if you have that! it used to be survival, just a few generations back.
the problem was we built these really tiny starter homes in the 50s and 60s with only 2 or 3 bedrooms....at least near me in Florida. trying to find a 5 bedroom is tough.
the hope is to buy 2 houses next to each other.
Yeah if you're white. Doesn't work that way for anybody else.
@@pdxcorgidad Why, other color smells bad? Wtfudge your talking about.
@@Flitalidapouet Funny guy.
"He's a Lumberjack and He's Okay!"
I remember that song by Monty Python!
I had lunch yesterday with a good friend and learned they dumped their Tesla 3 after 24 months over quality issues. They bought a new Subaru Outback and he loves the tech and safety features and especially the quality of the build and interior materials. Seems happy with the 25 mpg and 30 mpg on the road.
Michael another great common sense talk and walk. Greetings from California!
Thanks for sharing that story David!
maybe he forgot to plug it in. stupidity is rampant nowadays. nothing surprises me anymore.
very inspiring point of view. I read a news in the early Dec this year, it said Swiss government are about to pass a law to ban the EV if there is energy shortage, like in winter...
Wonder what’s going to happen to the electric car folks if they do that
Looking good!
in canada also trudeau sending ton of money you know were..in the mean time people cant feed there kids..plus im not even talking about the hospital situation..its e mess
Every video you’ve made that I’ve watched has been full of information AND common sense. The unfortunate reality though is that most people don’t have common sense anymore. They don’t look at the bigger picture or what the possible pitfalls/consequences could be. Thank you for everything you do for us viewers!!!
You’re right Carrie but I hope every time somebody watches one of my videos it at least makes them think a little harder and maybe overtime more people will start waking up
Lumberjack look isn't complete without the sunglasses.
You’re right. 🤣
$28Million, I'll be right down, lol
I’ll be ready to write the offer for you😆
Thank God I have solar here in Florida!
How much do the monthly bill cost for the panels and for how long?? I know they aren’t free, and there are other issues with them as well. ??
The whole push to replace all gas cars with electric in my opinion is complete nonsense. I own a golf cart repair shop so I am very familiar with electric powered vehicles, and I actually much prefer them to gas. The problem is when it comes to automobiles the whole philosophy the industry has is at odds with the actual use case of EVs.
The main problem is that they are trying to make EVs have comparable driving range to ICE cars which means they have to use massive battery packs to achieve this. This is incredibly wasteful considering all the rare materials (lithium, cobalt, etc) and would not even be feasible at the propsed scale due to the limited amount of these resources. They are also difficult to recycle, which combined with the fact most electricity is still generated using fossil fuels means EVs have a worse environmental impact than ICE.
It would be far more practical to replace half of cars with a smaller golf cart type EV which could be used for around town trips, and have a second ICE vehicle for longer journeys. If the politicians actually cared about the environment they would then build an adequate electric rail network with stations that are within range of these small EVs, so it would be possible to get around without burning any fuel.
Most golf carts use lead batteries which last for around 5 years, can be infinitely recycled, and are universal so can be purchased about anywhere and only run about $800 for a complete set. There are lithium carts as well but those batteries are considerably smaller than the ones needed for cars. And electric trains don't need batteries at all since they can draw their power from the track.
In my opinion the whole electric car push seems to be motivated not by environmentalism but consumerism. It doesn't take a genius to see the supposed benefits don't add up, however by going down that path you now force everyone who owns a car to go and buy a new one. Electric cars also have to be replaced every 10 years since the batteries will be dead and cost more than the cars value to replace. This of course is great news for the auto manufacturers, which is why the majority of them are actually pushing for EVs
Exactly agree. This “green deal” isn’t about being green at all!! Congo mines around two-thirds of the world's cobalt, an ingredient in lithium-ion batteries, and is Africa's leading producer of copper. Demand for the minerals is rising to power electric vehicles and electronic devices.
i watched a HORRIFIC video on these mining towns too in Africa. Where they are mining this colbart. It was aweful! Kids the whole town work there and the place is COVERED EVERYWHERE in this colbart dust. They live, eat, and breath it. With no safety equiptment ppe for these people. Many bad health problems from it all. It’s no way about being green! Except for $$$$ and becoming slaves! It was eye opening.
Wow, thank you so much for writing this very insightful comments here as someone who works on electric golf carts. Most people don’t understand how these systems work and you did a fantastic job explaining it hear of why what they’re trying to do is not feasible. Thank you.
You need a shade manufacturer to promote their shade lines maybe one of the Miami fashion folks will reach out
I know!! I would like to have my own brand/design but I have no idea how to go about doing that. If you do please email me the info.
@@MichaelBordenaro I’m no fashionista you have a lot talent in Miami it could be a good promo for both.
That I Teo was FAF!😂😂😂
As usual I Love ❤️ your videos 👌
Thank you!
👏👏👏👏👏👏👏
You always cover a very broad range of news and that’s something that I really appreciate. Thank you for doing a daily video. I know that it takes time and research to bring this to us.
I hope that your channel grows and GROWS!!!
I really Love watching your channel every day.
You really cover so much 👏👏👏👏❗️❗️❗️🎊
Do you happen to know of any Realtors in the Clearwater area????
For some strange reason I have felt a calling to this area for a very long time.
Do you think that Clearwater is a good place to retire at??
Thank you and God Bless,Carlos ✝️🙏❤️😊❗️
Thank you so much for the compliments, Carlos! makes me feel good to know you enjoy my daily content.
Absolutely Clearwater is a fantastic area. In fact, it is at the top of my list of somewhere else. I would move to in Florida. If I had to move today.
If you need an agent, there check my description of the video I have a link that says need a realtor and I can get you set up from there 👍
@@MichaelBordenaro
Thank you Michael. I will Definitely keep you in mind when I’m ready to do some “Boots on the ground” research.
I love my tesla. But 99% of people have no idea how much power a car uses every day. The infrastructure is nowhere near ready to handle even a doubling of EV'S on the road. The next few years are going to be very interesting
How many miles do you get per charge? I see Teslas on the road but always pass them; I assume they don't want their battery to die out too soon so they drive them like grandmas
@LM battery pack is 75kwh. Charge to 80% so I start at 60kwh. But you really don't want to go below 20% regularly. So you really have about 45kwh of range. In the winter, you are using a lot of power to heat the cabin and battery. So it's like 300 watts per mile.
45 ÷ 0.3kwh = 150miles .
About 200 miles in the summer
Obviously you can get more range using more of the battery's capacity, but that's the best way to keep the long term health of the battery
exceptional content!
Thank you!
You can tell we aren't ready for it because there is a lack of charging stations, and the market has "oversold" EVs. Long wait times and inadequate access to charging make EV ownership unrealistic.
In Ct.. they just raised the electric rates by $80 a month…for everyone no matter how much you use… not sure how people will pay for it…
In Europe people are stealing the charging leads to strip the copper wire for scrap or selling online.
SPOT ON MIKE. PRODUCING AN ELECTRIC CAR LEAVES A CARBON FOOTPRINT THAT A GAS DRIVEN CAR DOES IN 78000 MILES
I didn’t even know that!
Totally agree
I'm digging how your lumberjack shirt matches your hair 😍😍😍
Haha thanks!
adult children need to pay rent aslong as the do that they are fine. the big reason adults need to move out is adults need freedom and may not respect someone else's life choices
Pretty soon we will go back to riding horses.
Its not just the bill its the deposit. Ameren Illinois adds a 680 deposit before I get my first bill . My first bill was 430
When I was low income I was able to get on the HEAT program. They paid my electric/gas bill during the winter. Not sure if this is just a Utah thing or maybe just the county I live in. But it was nice to have that. Have you read about what’s happening in the UK right now. So many people are choosing between buying food or heating their homes. It’s pretty bad.
I'd rather see them help lower the cost for everyone by supplying enough demand so you don't need these programs but maybe they want you dependent on government for votes.
If the HEAP program is only going to dish out $20 for one month so the recipient can qualify for other programs, HEAP is going to be extremely short of paying people's bills. HEAP is the way to pay utilities directly. If there was a back bill signup, you'd have tens of millions forwarding their arrears to HEAP, and Congress would balk at paying the $20+ billion to the utilities. If they rent, they can be evicted for not paying their utilities once they get shut off. If landlords won't pay the utilities, everybody gets evicted.
Yeah we are getting hammered in Rhode Island. With all the charges and taxes power here costs .39 cents per kilowatt hour. .17 cents for the energy and .22 cents for delivery and supply services plus taxes. Yup. Absolutely hammered
You’re wearing a Canadian tuxedo. 😂👍🇨🇦
Aha…. Love the sarcasm!!!😂
HAHAHAHAHAHA
Whoa, I’m interested in that house or one like it. What a bargain at $28M
The solution is the Government not requiring EV’s… EV’s are a disaster, I’ve seen many tests/reviews on TH-cam regarding range and cost to run EV’s and they’re more expensive then traditional gas powered vehicles..
Way!
Absolutely it should not be a requirement. if it was so good and so desirable, let the free market do its work, and people will buy them without being forced.
sweet backdrop
Hold up Flannel in Florida it must be cold 🥶 lol love it!
it was in the mid 50s lol
"If you are thinking of starting a new criminal enterprise based on online return policy..." 😂
😆
My understanding is driving from LA to Vergas the charging station in Baker CA has many times 10 hour wait time just to start charging their cars. No thanks, pass on that.
*Baker
@@ediartiva TY
That is insane
I have bought a couple of things that Amazon told me I could keep, when I went to return them. I think that might have changed, somewhat...at least for bigger ticket items, but that was amazing to me! Great video! Continue to enjoy the cool weather, lumberjack! 🙂
Seems this is happened to several people
Also the "ev" makes for horrid conditions for people living in the congo. Decimating lands and living conditions for the community, stuck to mine unsafe and unhealthy conditions. And China owns 90 percent of them mines.
You look nice. 😊🎉😂 Happy Holidays.