Over at Slate, which is becoming ever so much Salonicized in their moonbattery, Ben Adler is Very Upset
Trump Didn’t Mention Climate Change in His RNC Speech
Donald Trump’s big speech at the Republican convention on Thursday didn’t contain a single reference to the environment or climate change. It was vague on policy overall, focusing heavily on the primary themes of this year’s Republican National Convention: bashing Hillary Clinton’s character and fearmongering over crime and national security, with a heavy dose of Islamophobia and xenophobia.
Oh, noes, he failed to spend time on a manufactured issue that ranks last or dead last in almost every single poll of American concerns!
There was, however, one section that dealt hazily with energy policy. Unfortunately, it was filled with falsehoods. Let’s go through the four key assertions one at a time: (I’m only touching on one in this post)
“We are going to lift the restrictions on the production of American energy. This will produce more than $20 trillion in job-creating economic activity over the next four decades.â€
The source for this $20 trillion figure is the Institute for Energy Research, an organization funded by the Koch brothers. As the New York Times has previously noted, “economic reality†contradicts this projection. Additional fossil fuel production has diminishing returns because increased supply means lower prices. So, according to experts the Times interviewed, the number is wildly exaggerated.
So, wait: more fossil fuels production leads to lower prices? Really? Why is this not an awesome thing? The people who benefit from this the most are the middle and lower classes, as this reduces their cost of living, and makes it easier for them to do things like spend money on important things for themselves and their families, to stick some money away that they would otherwise have to spend, and to do a bit of traveling. Why do Warmists have the lower and middle classes?
Meanwhile, we get this from the Daily Caller, which mentions the same quote
The poll found 77 percent of voters want to see America increase production of oil and gas resources located in the U.S, including 94 percent of Republicans, 73 percent of independents, and 64 percent of Democrats.
The poll also found 69 percent of voters would support a political candidate who promised to increase production of American oil and natural gas, gaining approval from 86 percent of Republicans, 69 percent of independents, and 57 percent of Democrats. Roughly 71 percent of voters would oppose legislation that could potentially raise energy costs on the American consumer.
Wait, what? People don’t want to do things that drastically increase their own costs? Really? Don’t they know we have a planet to save!!!!!!1!!!!
Bummer
Conservatives upset Pence refused to repeat his “Smoking doesn’t kill” claim from 2000
Economics 101 when prices decrease people stop buying because they think everything will be cheaper in the future this cuts all important demand
You want a bit of inflation to keep the economy rolling, say around 2%
Now there was a time Teach that you expressed concern that printing all that money was going to cause massive inflation
Of course that never happened nor did we hear from you that you were mistaken
All that printing and we STILL have a rock solid dollar under Obama
Since the Democrats are just so concerned about
global warmingclimate change, why aren’t they leading on this, and holding the Democratic National Convention by videoconference?No wonder you’re a demoncrat socialist, John, you don’t know jack $hit about economics. You have your “Economics 101” exactly backward. As people slow down buying a product the prices fall to induce them to buy. Read up on supply and demand before you make a complete fool of yourself again. Idiot.
Some things people have to buy like food
But for other things especially big ticket durables
As prices drop people wait, why buy today at a low price when tomorrow will even be lower
No wonder you idiots in the GOP crashed the economy you always want to buy high and sell low like when you crashed the Dow
Has the Dow ever done as well as under Obama ? And you call yourself a capitalist but hate Obama ??? Wtf
Job creation and the GOP ?? That is why the Congress has approval ratings in the teens
Look at Kansas with their slash taxes and revenue will go up ? How’s that working out?
Why is it the red states that have the worst economies and take more from DC than they lay in taxes always think they know the most about how to get the economy rolling
Yeah let’s let the GOP tell us how to do the economy
Were you born this retarded or do you work at it?
Haha.
Cocker man you are such a clever joker !!!
I gave you a friendly heads up but you keep on talking. Prices “drop” to stimulate sales because people aren’t buying. It does not matter what the size or price of the item John, the principle remains the same. There are other reasons for price reductions like expiration dates or obsolescence but the supply/demand curves are a constant. Most other reasons for price fluxuations are industry specific.
The rest of that incoherent rant proves what we already knew about leftists and economics. BTW, if you think the economy is doing well you don’t know jack. The economy has been dragging along looking for direction for ten years. Where have you been? Obviously you’re not in business.
I am doing well
The Dow has gone up 250% under Obama capitalists are doing quite well
The dollar is super strong no matter how many we print The rest of the world wishes they had our economy Obama took us out of the worst recession since the Great Depression and he did that saddled with a Congress with approval ratings in the teens
His approval ratings for this part of his 2nd term are higher than Reagan’s
John,
What does it mean to you to have the DOW go up to such an extent. Not one investor feels that the current level of the DOW is justified. All point to the fact that it is elevated secondary to the one trillion dollars put into the market every year by Obama for the exact purpose of raising the DOW. One marker that tells that the economy is shit and that we are doing bad is the Federal lending rate a zero, or now what 0.25%. That says it all. We have gone from a recession to a depression, jobless rates are now something like 20%. As to Obama’s approval ratings, what does that mean? All know he is the worst president we have ever had. Quit smoking dope and wake up.
drowning,
One of the many things that Jeff does not understand is economics. He does not understand that Barney Frank is the one man who crashed the world economies. It does not help to try and explain it to him.
Liberal policies burst the housing bubble that caused the recession. Liberal policies are now causing the stock market bubble that will soon burst.