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Originally posted by Kidicious
Increase taxes.
Increase taxes.
Unknown if workable.
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Remember, Obama's proposed budget returns to the pay-as-you-go principles of the Clinton Administration.
Cellulose-based ethanol has been proven to be workable. While corn-based ethanol returns 1.5 units of energy for every unit of energy used to manufacture it, ethanol derived from switchgrass returns 8 units of energy for every unit of energy used to manufacture it. And switchgrass can be grown on lousy soil.
Last edited by Zkribbler; July 6, 2008, 18:16. -
So zero investment then? The budget isn't going to balance itself again. Just like him to propose a solution that he has no real intension of implimenting.Originally posted by Zkribbler
Remember, Obama's proposed budget returns to the pay-as-you-go principles of the Clinton Administration.
Yes, but if you just grow it on lousy soil it's not going to make much difference, and you can't replace food crops with it.Cellulose-based ethanol has been proven to be workable. While corn-based ethanol returns 1.5 units of energy for every unit of energy used to manufacture it, ethanol derived from switchgrass returns 8 units of energy for every unit of energy used to manufacture it. And switchgrass can be grown on lousy soil.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Might also cause investors to flee the US and destroy the economy, aside from all the other potential problems.Originally posted by Kidicious
I believe the oil companies should be nationalised actually, so that the money funds the government instead of the rich.
I agree with this, but it's really vague (aside from the refining bit).I also believe more refining capacity should be made and the government should take direct action to create renewable energy and reduce energy use per capita."The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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You forget Obama is planning on letting the Bush tax cuts lapse for those making over $200,000/year. He'll also save tens of billions of dollars by not throwing money at Hailburton in no-bid contracts.Originally posted by Kidicious
So zero investment then? The budget isn't going to balance itself again. Just like him to propose a solution that he has no real intension of implimenting.
I was saying that farmers can make productive land which has up until now been unusuable. They can also feed into the process corn cobs, corn stems, corn leaves, wood chips, wheat chaff, and all kinds of plant materials that have until now been waste.Yes, but if you just grow it on lousy soil it's not going to make much difference, and you can't replace food crops with it.
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Just say raise taxes. The sort of hoops you jump through to avoid saying it is painful.Originally posted by Zkribbler
Remember, Obama's proposed budget returns to the pay-as-you-go principles of the Clinton Administration.I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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Only a moron would raise or cut taxes without reason.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Because it would be only half true.Originally posted by DinoDoc
Just say raise taxes. The sort of hoops you jump through to avoid saying it is painful.
Under pay-as-you-go, for every new dollar the government spends, the government must provide for it. This money can come from taxes (e.g. letting the Bush tax cuts for the wealth lapse) or it could come from savings elsewhere (e.g. no more no-bid contracts).Comment
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years is a reasonable time scale for honest change of opinionBut the point is, all this is nothing compared to what McCain has gone through over the past few years.
before and immediately post primaries is NOT.Comment
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Yeah, but every time McCain changes his opinion it's from something I might agree with to something I definitely don't, so..."The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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No opinion can honestly change over several months (and FYI McCain's immigration flip flops which occurred over this time scale are more ridiculous than anything that has been attributed to Obama), but every opinion can honestly change over a few years? Complete nonsense. One would think that the specific issue involved plays a factor here.years is a reasonable time scale for honest change of opinion
before and immediately post primaries is NOT."Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
-BokononComment
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I love how people pretend that 1.) this is a new thing 2.) it wasn't done for a reason and 3.) it is going to go away.(e.g. letting the Bush tax cuts for the wealth lapse) or it could come from savings elsewhere (e.g. no more no-bid contracts).
No bid will always be the case when you need things fast. Period. This is easy to understand.
In any case, until Obama gets online with nuclear power his energy plan is crap."The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.Comment
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It depends on the result. If it raises tax revenue the money that would otherwise go to finance the deficit would be going into the private economy.Originally posted by Victor Galis
Might also cause investors to flee the US and destroy the economy, aside from all the other potential problems.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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You forget we are in a recession. There's no telling how much revenue will be collected during the next 4 years or whatever.Originally posted by Zkribbler
You forget Obama is planning on letting the Bush tax cuts lapse for those making over $200,000/year. He'll also save tens of billions of dollars by not throwing money at Hailburton in no-bid contracts.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I just hope most of you have voted for Barack. I want to see what he can really do. Great presidents have done great things in the past, I have not lost hope that it can happen again.be freeComment
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Except nationalizing property scares the #$*( out of investors. (For obvious reasons.)Originally posted by Kidicious
It depends on the result. If it raises tax revenue the money that would otherwise go to finance the deficit would be going into the private economy."The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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