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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (184813)	3/15/2004 8:59:19 PM
From: TimF	Read Replies (1) \| Respond to of 1573870

If you understood anything about commodity prices, you would get a hint that this will not be a gradual Commodity prices tend to fluctuate widely but the overall trends tend to be more gradual. re: The price goes up until supply and demand balance. And that balance will be achieved by a recession at best, more likely a depression. On the other hand, we could have conservation, alternative energy programs, and incentives to build new businesses (and jobs). We could be proactive. All of these alternate energy ideas cost more. Pushing them for any significant part of our energy use now would in effect increase energy costs. You would be taking the pain you see in the future and imposing it now. If you try to plan how much of these alternate energy sources you will use the amount that you plan for will almost always be wrong. If energy is supplied by a relatively free market then the supply and demand will adjust not without pain but with the minimal possible pain. That minimal possible pain might still be a lot but it will be less then the pain caused by forcing energy programs by government diktat. In any case we do have conservation an alternate energy sources. The amount of energy needed to produce a real dollar of GDP has been going down for some time. The amount of oil used on the average has been going down even more then the amount of energy used. (But most of that oil has been replaced by natural gas and it also has limits) and incentives to build new businesses (and jobs). Incentives to build new businesses usually wind up costing jobs. Local incentives might "create" jobs locally at the expense of having jobs somewhere else but even then you get competition in the incentives. If you give a grant to a company you have to tax that money away from someone else. If you give special tax breaks and don't lower spending (and how often does the government lower spending?) then since we have a deficit you have to either raise other taxes or borrow even more money which will create pressure to raise taxes in the future. Tim