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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (14351)	3/10/2010 10:31:25 PM
From: TimF	Read Replies (2) \| Respond to of 42652

OT Looking for any one industry to grow us out of high unemployment is not likely to be profitable, both because one industry by itself is unlikely to be able to do it, and because its almost impossible to plan, and difficult to even predict, the market forces of the future, exactly what will be demanded, and what can be cost-effectively supplied etc. If renewable energy really is one of the major industries driving real growth going forward than it can pay for itself. If it can't than its a sign its no ready to be a real driver of growth. Funneling subsidies in to an industry from other more productive areas of the economy, does not a driver of growth make. Which isn't to say that government investment in research in this area or any other is necessarily a bad idea. Only that if the possibility of it working productively its a very long term bet. And it won't be a driver of growth until its profitable without needing subsidies. Also alternative energy isn't really one monolithic investment. Investing in the area, and picking the wrong thing, could just create malinvestment and extra debt, and a competitor whose start up costs are largely sunk. All of which can slow down other approaches that may turn out to be much better choices.

To: RetiredNow who wrote (14351)	3/11/2010 12:02:24 AM
From: skinowski	2 Recommendations Read Replies (2) \| Respond to of 42652

For private money it probably doesn't make much economic sense to make big investments in alternate energies - while oil and gas are still cheap. Hard to imagine that alt energies will be the next big thing. Moreover, great new breakthroughs, if and when they come, could be in fact related to traditional energy sources, like new ways of extracting energy out of oil sands, coal etc. Could be that most "traditional" alternative energy sources may actually get bypassed... and remain marginal.

To: RetiredNow who wrote (14351)	3/15/2010 3:18:36 PM
From: Sdgla	2 Recommendations Read Replies (1) \| Respond to of 42652

MM... What drives growth in jobs is individuals taking a monetary risk and starting a business. Economic models aside that is the most basic of facts. When the government makes that investment prohibitive by taxing and regulating the incentive out of risk takers our economy slowly grinds to a stop. Prior to teaching my kids Mandarin {lets leave that to our covert agencies which are well under way in that endeavor} I choose to vote the morons out of office and hope the new order gets the message.