JIM DANNIS said Monday, February 13, 2017 at 7:42 pm Jim Richmond: Putting the RGGI cost/benefit analysis to the side (there are arguments on both sides), the "law of small numbers" can be misleading. For any targeted subsidy program (small number of beneficiaries) where costs are spread across a broad ratepayer base or taxpayers generally, saying the cost is "about 24 cents a month" doesn't convey meaningful information. To demonstrate, consider this. Want to give Governor Sununu a welcome-to-the-office pay package of $1.3 million a year? All you'd need to do to fund that is ask each NH resident to pay 8.33 cents a month. Just peanuts and voila, the raise is fully funded. Big targeted subsidies spread across large groups of ratepayers/taxpayers inexorable lead to small amounts kicked in per person. This says nothing about whether the subsidies in question are worthwhile. Spike said Monday, February 13, 2017 at 8:32 pm Jim Dannis--Hear hear!
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