Lower Oil Prices Are a Free-Market Victory

[Que]

Don't look now, but Republicans want to join with the Dems to raise gas taxes...

The Sgt Mushroom School of Economic theory. Now that we are not sending American dollars (spent on OIL, NOT gas taxes, mushroom) to Iran , lets gather them up and send the to Washington to waste in the form of higher gas taxes.

The economy gets a windfall boost, and they want to take it away. Why stop at gas taxes? Every time the GDP improves a little in any sector just pick a random tax and increase it.

Why not whittle away at the 2% shortfall that Social Security lacks, just for example? People don't "need" as much of their paycheck to get to work so just take it right out of their checks instead of futzing around with gas taxes.

 

[4est_4est_Gump]

Kudlow says that 1/4 of the taxes gathered are going to boondoggles and non-road projects.

You'd think they would start there, but one man's boondoggle is his buddy's best path to reelection...

 

[4est_4est_Gump]

The Sgt Mushroom School of Economic theory. Now that we are not sending American dollars (spent on OIL, NOT gas taxes, mushroom) to Iran , lets gather them up and send the to Washington to waste in the form of higher gas taxes.

The economy gets a windfall boost, and they want to take it away. Why stop at gas taxes? Every time the GDP improves a little in any sector just pick a random tax and increase it.

Why not whittle away at the 2% shortfall that Social Security lacks, just for example? People don't "need" as much of their paycheck to get to work so just take it right out of their checks instead of futzing around with gas taxes.

It's a win-win Krugman world, more taxes to DC, more government spending, and because government spends more, GDP goes up proving how well DC can grow the economy without any help at all from the Private Sector.

:nods:

 

[Que]

It's a win-win Krugman world, more taxes to DC, more government spending, and because government spends more, GDP goes up proving how well DC can grow the economy without any help at all from the Private Sector.

:nods:

If taxes and spending grow the economy go local with my money barrel analogy. Just like stone soup. Have everyone toss in a dollar, at the end of the week get the dollars out and give them away...watch the boom begin.

 

[4est_4est_Gump]

My dollar is coming from your wallet because I know how to spend it better.

 

[Beco]

If taxes and spending grow the economy go local with my money barrel analogy. Just like stone soup. Have everyone toss in a dollar, at the end of the week get the dollars out and give them away...watch the boom begin.

Thats called taxes....and we get enough of those.

 

[Beco]

By the way, Obama, build the damn pipeline and lets move on.....

 

[Curmudgeonly]

My dollar is coming from your wallet because I know how to spend it better.

If you spend it...having been gifted it...it is like spending two dollars...

...or so we are told.

 

[Que]

By the way, Obama, build the damn pipeline and lets move on.....

Just the approval of the pipeline would signal to OPEC that lowering production is not going to help, the will have to take care of their shortfall with volume then it is a race to the bottom for market share.

 

[Beco]

Just the approval of the pipeline would signal to OPEC that lowering production is not going to help, the will have to take care of their shortfall with volume then it is a race to the bottom for market share.

The economy appears to be picking up, so lets keep the momentum going. Personally I think the jobs argument is overstated, still, approve the damn thing, lets think ahead for a change.

 

[Que]

The economy appears to be picking up, so lets keep the momentum going. Personally I think the jobs argument is overstated, still, approve the damn thing, lets think ahead for a change.

The earth moving and pipe-fitting are pretty lucrative jobs. An entire pipeline has to be more construction jobs this year than a dozen bridge decks. It isn't just the jobs it is about having oil flow through America, that is unrelated to all the money we spend protecting shipping lanes and desert oil wells.

 

[RobDownSouth]

Just the approval of the pipeline would signal to OPEC that lowering production is not going to help, the will have to take care of their shortfall with volume then it is a race to the bottom for market share.

Queerbait is still livin' in the 1980s. Times have changed. OPEC no longer has a stranglehold on production quotas, since they now only control 40% of the world's petroleum output. Sure they can influence the price by cutting back on production, but the 60% outside of OPEC's control would likely step in and fill the resulting artificial shortage.

Bottom line: the Keystone Pipeline is going to do very little to influence oil pricing, but would have a marked impact on Canadian oil shale producer profitability.

You'd think Lit's self-proclaimed "smartest guy on the General Board" would recognize this.

 

[phrodeau]

Maybe there should be as much fervent enthusiasm for the TAPI pipeline, for which we waged two wars.

 

[RobDownSouth]

Maybe there should be as much fervent enthusiasm for the TAPI pipeline, for which we waged two wars.

Will the TAPI pipeline provide 35 full time jobs like the Keystone pipeline will? Hmmm?

 

[Beco]

The earth moving and pipe-fitting are pretty lucrative jobs. An entire pipeline has to be more construction jobs this year than a dozen bridge decks. It isn't just the jobs it is about having oil flow through America, that is unrelated to all the money we spend protecting shipping lanes and desert oil wells.

The only reason I've heard about this for years is, "it will create jobs", while I know this to be a stretch, I still am in favor of this pipeline. Build it, lets plan for the future.

 

[Super-Surprise]

http://img.ffffound.com/static-data/assets/6/93791614052fb62f53ef51a88e580bc6c0844729_m.jpg

 

[phrodeau]

Will the TAPI pipeline provide 35 full time jobs like the Keystone pipeline will? Hmmm?

Yes, and all for Halliburton too.

 

[Ishmael]

The only reason I've heard about this for years is, "it will create jobs", while I know this to be a stretch, I still am in favor of this pipeline. Build it, lets plan for the future.

Lessee here, pipeline construction jobs bad, but road construction jobs good. How many new 'permanent' jobs are created by building a section of road?

Ishmael

 

[4est_4est_Gump]

If you spend it...having been gifted it...it is like spending two dollars...

...or so we are told.

Stolen money is multiplyin' money...



I should probably play Lotto with it.

 

[RobDownSouth]

Lessee here, pipeline construction jobs bad, but road construction jobs good. How many new 'permanent' jobs are created by building a section of road?

Ishmael

Pipeline construction jobs benefit shareholders
Road construction jobs benefit the general public

That's a rather big difference, although I'm not surprised your wingnut mindset prevents you from acknowledging the obvious.

 

[Curmudgeonly]

Pipeline construction jobs benefit shareholders
Road construction jobs benefit the general public

That's a rather big difference, although I'm not surprised your wingnut mindset prevents you from acknowledging the obvious.

Pipeline construction jobs benefit shareholders...and the money earned is harmful for the economy, exactly why?....Road construction jobs benefit the general public?...Meaning that somehow the money earned by a guy laing asphalt is somehow better for the economy than the money made by a guy laying pipe?....

....As if you would know anything about laying pipe.

That's rather stupid reasoning...even for you...although I'm not surprised your moonbat mindset prevents you from acknowledging the obvious.

By the way...Roberto...guess who benefits from road construction jobs?...That's right...shareholders...Did you think the government has construction crews sitting with thumbs up their azzes waiting for the go ahead to build the roads?

Another patently obvious difference is that TransCanada has in place contracts for up to 8 BILLION dollars to build this...as in 8 BILLION dollars in labor and materials and heavy equipment rental and it costs the taxpayers not one thin dime...

...Money from taxpayers good for the economy...money not currently in the economy being added by a private company...bad?

Do you ever think before you type...or do you just look for opportunities to type..."Wingnut?"

Your Moonbat mindset mean you will not be interested in how this benefits you as a consumer of all things over the road...but the refineries in Texas are set up to process heavy, smelly,thick, crap crude...such as you get from failed narco-State Mexico and the Socialist paradise of Venezuela...and Canada...it costs $5 a barrel less to ship it from Canada by pipeline than by rail-car which is how it is getting to Texas as we speak...Dumbazz.

 

[phrodeau]

(edited)

Pipeline construction jobs benefit shareholders...and the money earned is harmful for the economy, exactly why?....Road construction jobs benefit the general public?...Meaning that somehow the money earned by a guy laing asphalt is somehow better for the economy than the money made by a guy laying pipe?....

...Dumbazz.

Road construction benefits the public because afterwards the public gets a road. You can't drive on a pipeline.

 

[Que]

Road construction benefits the public because afterwards the public gets a road. You can't drive on a pipeline.

You cannot drive much on a public road without affordable fuel. Less miles driven also means less fuel tax collected for the purpose of building and maintaining roads.

The public doesn't get to play in GM's Volt factory, but that is supposed to help the economy and allegedly that is good for the general public.

If the pipeline was being built with public money, you might have a point. A privately owned capital asset, built with private money doesn't need to be a direct, public benefit, or something that the general public has access to and uses.

Rob's (retarded) point was that shareholders benefit from building the pipeline, as if other shareholders don't also benefit from the road building. That building the pipeline is an exercise in greed, as if the inflated prices we pay for federal road projects are not even more profitable than the competitive nature of pipeline building.

 

[RobDownSouth]

Road construction benefits the public because afterwards the public gets a road. You can't drive on a pipeline.

Exactly.

You cannot drive much on a public road without affordable fuel. Less miles driven also means less fuel tax collected for the purpose of building and maintaining roads.

The public doesn't get to play in GM's Volt factory, but that is supposed to help the economy and allegedly that is good for the general public.

If the pipeline was being built with public money, you might have a point. A privately owned capital asset, built with private money doesn't need to be a direct, public benefit, or something that the general public has access to and uses.

Von...two...three! THREE non-sequiturs!
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http://img3.wikia.nocookie.net/__cb20081004124604/uncyclopedia/images/9/94/Count_von_count.jpg

Rob's (retarded) point was that shareholders benefit from building the pipeline, as if other shareholders don't also benefit from the road building. That building the pipeline is an exercise in greed, as if the inflated prices we pay for federal road projects are not even more profitable than the competitive nature of pipeline building.

You are misstating my point, as usual.

My point was, society in general benefits from public infrastructure improvements.

For a #SchmottGuy, you sure say some stupid things.

 

[Que]

Exactly.



Von...two...three! THREE non-sequiturs!
Ah
Ah
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http://img3.wikia.nocookie.net/__cb20081004124604/uncyclopedia/images/9/94/Count_von_count.jpg




You are misstating my point, as usual.

My point was, society in general benefits from public infrastructure improvements.

For a #SchmottGuy, you sure say some stupid things.

If your point was that roads are driven on by the public what the fuck difference does it make that shareholders benefit from the pipeline?

You specifically set it up as "shareholders vs the general public."

As if on a public roads project shareholders in the companies that benefit by their relationship to politicians do not benefit.

You are aware of this thing called toll roads? Not all publics benefit projects are publicly funded or maintained.

Private roads and bridges are built and maintained at far lower costs.

For an idiot, you sure do some predictably stupid back-peddling.

:nods: