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


To: TimF who wrote (454387)2/5/2009 2:24:49 PM
From: Road Walker  Read Replies (1) | Respond to of 1571336
 
If we had done it we might not be in this mess
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So if we had spent money on "green energy", we wouldn't have had a housing bubble, or overleveraged investment banks, or a declining auto industry? Seems unlikely.


Nice editing... my next line was something like 'or it wouldn't have been so bad'. And if you read back I wasn't talking about spending money on "green energy" (your term) I was talking about spending stimulus dollars on energy conservation by making commercial and residential buildings more energy efficient. It puts people to work installing the upgrades, manufacturing the materials, and provides an ROI and additional stimulus by lowering energy bills. So your straw man argument doesn't hold.

I can have someone out here next week adding insulation, putting in more energy efficient windows and doors.
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Maybe you an do that, but the more people try, the longer the wait.


Which gets firms hiring more workers and manufacturing more materials.... which is the point of a stimulus package, no?

And little if any money in the stimulus bill goes for such things. Most of it isn't for green energy, and to the extent the money is going more to subsidies and breaks for larger projects, investment in research, spending on electricity transmission, and things that operate over years or even decades.

Hum, which was what I was saying in my post. Energy conservation is perfect because you get an immediate stimulative effect and an immediate ROI.