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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (54287)	3/17/2008 8:58:40 PM
From: Bearcatbob	Read Replies (3) \| Respond to of 542903

"If anything, the manufactured goods represent much more possible employment content than does the production of oil, i.e. our economy would be MUCH better off if somehow we could magically be competitive for 540B of additional manufactured goods compared to producing 540B of additional energy." One is possible - the other is not. Remember this started with a discussion of the weak dollar as being something evil. In reality a weak dollar will discourage imports and encourage exports. Where this falls apart is the counter balancing ballooning of the cost of energy imports. When the cost of energy imports is so huge - it is like chasing your tail. Also remember I speak of balance. Some find it impossible to consider increasing production of traditional domestic energy supplies. I find that amazing. Next year the Democrats will have to solve these problems. Wanna bet the story changes?