Quote:
Originally Posted by Flash Walken
By letting the Bush tax cuts expire, which were an abject failure, the federal government now has more revenue. The Affordable Care Act should also decrease the amount of money the federal government pays for healthcare, and the burden bankruptcies place on the financial system. Financial regulation will help mitigate boom and bust cycles, student loan reform will help lighten the burden on new high income earners to spend more money in the economy on the horses that drive it, such as home ownership. Increasing funding to sciences and government lead research and development will continue to have beneficial effects on the consumer applications of new technologies. Tightening regulation on industry will help prevent catastrophic, economy disrupting events such as the most recent oil spill in the Gulf of Mexico. Increased funding for infrastructure for renewable energy sources will decrease reliance on foreign imports and domestic production in sensitive ecological areas, stabilizing the cost of energy and decreasing the expenditures necessary to keep foreign energy sources secure.
Guess who is trying to get those things done.
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1. Increased regulation wouldn't have prevented the BP oil spill. Unless you were talking about legislation to pre-drill a relief well (some countries require this).
2. Energy security is a myth. Oil trades on the free market this isn't a risk style game where you capture resources. You can just buy oil. In theory the US gets oil from Cuba despite an embargo since Sherrit can sell their portion to anyone and if that anyone resells to someone in the US it's not a big deal. The US spent $500billion on the Iraq war. They could've bought 5/7ths of Norways reserves for the same price.
Anyway...I'm sure you just left out the above details.