| Author |
Topic:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
[Locked] |
ZigmundZag
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Sansfear posted:
"Drill baby drill" isn't about jobs, it is about letting the world know that we are serious about making the country energy dependent.
Wow, Rakhir is actually right about something for once, even if it was completely by accident.
-----signature-----
"Take the cheese to sickbay!"
|
Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
tenkly posted:
http://www.nytimes.com/2012/03/16/opinion/krugman-natural-born-drillers.html?_r=1
"And this tells us that giving the oil companies carte blanche isn’t a serious jobs program. Put it this way: Employment in oil and gas extraction has risen more than 50 percent since the middle of the last decade, but that amounts to only 70,000 jobs, around one-twentieth of 1 percent of total U.S. employment. So the idea that drill, baby, drill can cure our jobs deficit is basically a joke. "
Government subsidies for green energy, construction, and infrastructure does a lot worse than oil jobs
-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
Bjorvald
Posts: 334
Registered: 2002-4-5 20:51:00
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
tenkly posted:
Canada has already regained all the jobs it lost during the 2008-09 recession while the U.S. is still catching up. Overall, Canada’s labour market is 179,000 jobs above its pre-recession peak.
Your housing bubble hasn't popped (yet).
-----signature-----
Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
|
Fat_wong
Posts: 293
Registered: 2007-2-6 07:59:17
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
|
If/when it pops it will only be a 10-30% drop. Unlike the united states of corporations, we actually regulate.
|
Elkad
Title: aka Ebenezer
Posts: 407
Registered: 2003-9-11 22:20:55
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Money not exported for oil is money spent here. It alters the trade balance, which is good internally (and bad for some brown people overseas)
-----signature-----
"I would rather be exposed to the inconveniences attending too much liberty, than those attending too small a degree of it." - Thomas Jefferson
|
Ashmaele
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
ZigmundZag posted:
Sansfear posted:
"Drill baby drill" isn't about jobs, it is about letting the world know that we are serious about making the country energy dependent.
Wow, Rakhir is actually right about something for once, even if it was completely by accident.
-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
|
__Bonk__
Posts: 5,122
Registered: 2009-7-25 03:04:52
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Liberals who hate oil shouldnt use it
-----signature-----
I keep my eyes fixed on the sun!
A change in feeling is a change in destiny.
|
theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Sansfear posted:
"Drill baby drill" isn't about jobs, it is about letting the world know that we are serious about making the country energy dependent.
It isn't the sole solution, it is just one of many things that we should be doing towards that goal.
When the world realizes that we actually mean it, the price of oil will start to collapse as OPEC attempts to make our new exploration cost-prohibitive. That's always been their game.
a decade into the fracking and oil sands boom, what is OPEC waiting for? Your hope based energy strategy is going to have disappointing results.
|
|
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
I don't think the drilling movement is to create oil rigging jobs at all. Who would argue that?
The idea is that increasing supply will lower the cost... and since the price of oil is tied to pretty much everything, it would keep prices in check allowing people to buy and sell more goods. Or, at the very least, give Americans some money back at the pump which they can use to buy other things.
I'm not sure about the economic benefits... what I think people can agree on is that it would be a good thing to rely less on the Middle East or other unstable countries (like Venezuela) for oil. If we can get it ourselves, it will obviously be cheaper than buying from someone else.
Although I have to say I have reservations about tapping into every reserve we can get our hands on. Oil is limited, and as technology advances we may be able to better use that oil in the future (more efficiently and effectively.) In that case, it's better to buy now, and save ours for when it's really scarce. Buy cheap, sell or use when expensive.  In the meantime we need to find better alternatives.
|
Groucho48
Posts: 821
Registered: 2003-10-22 03:00:14
|
Date Posted:
1/1/00 12:00am
Subject:
To all intellectually bankrupt repubs who think the answer to the economy is "drill,baby,drill"
|
Brother_Tempus posted:
tenkly posted:
http://www.nytimes.com/2012/03/16/opinion/krugman-natural-born-drillers.html?_r=1
"And this tells us that giving the oil companies carte blanche isn’t a serious jobs program. Put it this way: Employment in oil and gas extraction has risen more than 50 percent since the middle of the last decade, but that amounts to only 70,000 jobs, around one-twentieth of 1 percent of total U.S. employment. So the idea that drill, baby, drill can cure our jobs deficit is basically a joke. "
Government subsidies for green energy, construction, and infrastructure does a lot worse than oil jobs
Please try to convince China of that. Otherwise, since that is what they are focusing on, they will own the 21st Century.
-----signature-----
“Science is like sex: sometimes something useful comes out, but that is not the reason we are doing it.†– Richard Feynman
|
