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On 18-Feb-2005, Scott Weiser wrote:
Yup, but you fail to recognize that the regulatory climate in the US Regulations have nothing to do with it. The US cannot increase its capacity by 25% overnight. You don't have the reserves. I used to work in the oil industry and specifically did research on US Arctic exploration for companies like Chevron, Exxon, etc. You fail to understand the degree to which America consumes compared to its ability to produce. But ignorance seems to be your specialty. Given the stimulus to provide our own electricity, we can do so. With what? More multi-billion nukes that don't work? How about gas turbines? - quick to install - no wait, they require natural gas, which imports from Canada you'd lose. How about dams on rivers - uhh, no more rivers to dam. I guess you'll have to stick to hamsters in wheels. Temporary impediments only. If US industry can so quickly recover from a loss in capacity, then that means your previous claims about the importance of corporate welfare are bogus. If corporations can build efficient capacity quickly, then there is no reason to support any company - just let it die and it will be replaced. it's time to amend the pacts so that our economy suffers no harm. Your economy is suffering because you are spending money you don't have, are importing more than you export and are wasting more than the vast majority of the world's population. Corporate America has been using whatever means it has to shift to cheap imports to boost shareholder value at the expense of long term US value. Nothing to do with trade agreements. Mike |
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