Free Markets, Free People


Another country from which to “learn”

The question, as posed earlier concerning Britain and France, is will we?

Electricity prices are rising in Germany – and citizen with a low-income are suffering particularly. They are at risk of fuel poverty. 10 to 15 percent of Germans are now struggling to pay their energy bills. 600,000 households have the electricity turned off every year.

Remember, Germany ran scared after the Fukushima disaster and dumped nuclear power (because, you know, German has so many earthquakes and tsunamis).  They then went “green”.  Result?  See above?

Other result?

The CEOs of manufacturing industries are warning that production in Germany is at risk because of low energy prices in the United States. The energy prices there are now only a third of those in Germany. “Many industrial companies are planning to build new factories in the U.S. and not in Europe because of low energy prices there,” said Gisbert Rühl, chief of steel trader Kloeckner. “We are now reacting to this development and plan new business units in the United States.” To move production to the U.S. is especially attractive for companies in energy-intensive industries such as steel and aluminium or chemistry.

That would seem to be good news for us, no?

Well, it should be … except for the Democrats plan to raise taxes on the oil companies.  And Obama’s new wave of regulations.  Oh, and the Obama desire to see fuel prices “skyrocket”, ably aided by his Secretaries of Energy and the Interior.  And the EPA.

Etc.

~McQ

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19 Responses to Another country from which to “learn”

  • I’d like to believe this is not all by design.
    Really I would.  But I don’t believe that, because all the evidence points to design.

    • Oh, I think he’s that stupid on a practical level actually…

      but I think his advisers, chiefly Jarrett who has her hand up his backside making him talk, aren’t that stupid.

      Still, there’s a lot of payola to be distributed on things green, union and progressive.

  • Recession is this administrations policy. 

  • To be honest, I think we were going to have a recession anyways if spending was cut decently or if taxes went up enough.
    I think Romney’s plan was to let energy be unshackled, de-regulate, and make a big reform on taxes, especially corp. taxes, and then do the cutting.
    As TomD (D) in the last comment section mentioned a BBA would have -7% GDP effect, so you want to offset that with some private sector growth.
    That was the Romney plan, but even that might have been swamped by the -7% effect. (Though, research has shown that cutting government spending creates a smaller recession than raising taxes, and the recovery is faster.)

    I am also coming around to the House move to force the Senate to have a budget. If that does not happen, and we do sequestration, the Dems will hang the recession around the GOP’s neck, even though it would happen anyways, unless we keep borrowing. (Not a good idea.)

    Meanwhile the WH is pretty brazen to put out this sentence “The Administration continues to urge Congress to move toward a sustainable federal budget in a responsible way that balances revenue and spending, and replaces the sequester, while making critical investments in the economy that promote growth and job creation and protect our most vulnerable citizens.”
    Yeah, 99-0 WH demands other people to create the perfect budget that doesn’t harm anyone, anything but fixes everything.

     

    • We can cut spending and deepen the recession or keep going and fall of the real cliff.

      Which is a brilliant propaganda ploy by the democrats.  Call everything a cliff, so when you discuss the real cliff, our (debt becoming so large we can’t make the sacrifices needed to keep up with the payments) it makes you sound like chicken little or just more political noise. 

  • If all we have left is pitchforks and torches, we may as well put them to good use.

    • You still have matches?

    • Wrong, we have over 270 million guns in private hands, Would you want to use them as well?

      • Good enough for the founders. Or do you think Jefferson was wrong? Should we have simply accepted whatever the king and his nobles told us to do? I mean we probably had a good standard of living and that’s all the matters right?

      • Yeah, that freedom thing, it’s overrated.

  • Look at Sweden for example, people there pay a lot more taxes than we in the US and are just as free, but happier. Point is we could pay more income tax and solve the deficit crisis. But first let the 1% pay a lot more on their obscene bonuses most of them get yearly.

    • Sweden also has privatized retirement accounts, school vouchers, and has made reforms. We may have lower taxes, though perhaps not in California, but we have made zero reforms. Also Sweden does not create many new businesses due to the high tax rates.
      Swedes also have a lower standard of living. Please compare some prices and you will realize that Europe is extremely expensive. This means people’s money buys less.
      You also do not understand about the 1%. You seem to think the 1% is static, and simply a bunch of wall street types. The reality is the 1% changes a lot. For example, if you start a small business and plow your money back into it, until one year you sell it…that year you are 1% but its your lifetime payday. By making taxes on that one payday year high, you severely punish that business owner.
      If you want to hit Wall Street, simply remove the carried interest break. I think that would be acceptable to almost everyone.

      • Also, why is the other choice always a European country? Why can’t we be more like Taiwan – arguably less government, lower taxes, and a very pleasant place. Or Singapore. Why is it always a white socialist country?
        p.s. at least you didn’t say Norway. I always love when my lefty friends say we should follow Norway’s model. “You mean drill like mad for offshore oil and have a tiny population?”

    • “Point is we could pay more income tax and solve the deficit crisis.”
      No, we could not, and the fact you think we could speaks volumes for you.
      You could take every dime every one of us had in wealth and not pay down the bill we’ve run up.

      You can’t buy your way out of the profligate government spending giveaway problem by taking MORE from the people who contribute to give to those who no longer have to, or never did.
      If you want to use THAT argument, then the other states should state behaving like Texas, we had an $8 billion dollars surplus.  I don’t have to cross the ocean to show you a system that is at least half way working without assuming we can make up for excess spending merely by taxing the WORKING population at a higher rate.

      We ain’t Sweden – we have 2/3 of Sweden’s population living in the Dallas- Fort Worth area alone.
      Illegal Finns and Norwegians aren’t crossing their border in the millions either.

      But yeah, tax the rich, we might have another Hurricane Sandy, and we’ll need to pay that one time bill with the result of the next tax increase they slap on the ‘rich’.

    • But first let the 1% pay a lot more on their obscene bonuses most of them get yearly.

      Confession of a brainwashed Collectivist AND hater.

    • Sweden has reduced public spending as a proportion of GDP from 67% in 1993 to 49% today. It could soon have a smaller state than Britain. It has also cut the top marginal tax rate by 27 percentage points since 1983, to 57%, and scrapped a mare’s nest of taxes on property, gifts, wealth and inheritance. This year it is cutting the corporate-tax rate from 26.3% to 22%.
      Sweden has also donned the golden straitjacket of fiscal orthodoxy with its pledge to produce a fiscal surplus over the economic cycle. Its public debt fell from 70% of GDP in 1993 to 37% in 2010, and its budget moved from an 11% deficit to a surplus of 0.3% over the same period. This allowed a country with a small, open economy to recover quickly from the financial storm of 2007-08. Sweden has also put its pension system on a sound foundation, replacing a defined-benefit system with a defined-contribution one and making automatic adjustments for longer life expectancy.

      Not really sure you want to throw Sweden at us as an example, Collectivist…

    • “Point is we could pay more income tax and solve the deficit crisis.”

      No. The deficit is well over a trillion dollars. You can’t extract that much in taxes without causing severe damage. For one thing, the rich don’t make that much.
       

  • Maybe the Germans should call on Joe Kennedy to bring Hugo Chavez oil to them….