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Politics : View from the Center and Left

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To: Lane3 who wrote (58327)	4/9/2008 3:38:42 PM
From: KyrosL	Read Replies (1) of 543050

Once all those power plants get built, where will those blue collar workers go for jobs? That's a real long term problem <g> Assuming the ultimate solution is renewable energy, such as solar, an energy independence project will take 40 years or so. By then our population will be well on its way to long term decline. We will probably be short of workers and have to rely on robots for a lot of jobs, like Japan. our global trade problem still be the fault off Our global trade deficit is a direct result of our savings deficit by definition. Solve the savings deficit, and the trade deficit goes away. Adopting policies that result in a big savings increase will sink our consumer oriented economy, unless we have a way to absorb those savings in productive investments that pay off big in the future. An energy independence industrial policy is ideal for absorbing those savings. We are spending almost $400 billion in energy imports per year right now, with oil over $100. So the two policies (savings + investment for energy independence) together result in both eliminating our trade deficit, and keeping our economy strong.

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