Sunday, February 2, 2014

Obama says government can create more middle class jobs.

According to WTVD, our local ABC affiliate, the President says that government can create more middle class jobs that offer good wages, health care and a retirement plan. Ignoring the economic contradictions of that claim, WRAL, our local CBS affiliate, is reporting that the State Department has raised no environmental objections to the Keystone XL pipeline. The question I have to ask the President is, if you support the idea of more good jobs that pay well and offer retirement and healthcare benefits, why even think about opposing the Keystone XL pipeline? The construction jobs it creates will meet the President's definition of good jobs. The refining and chemical industry jobs it creates and preserves will meet the President's definition of good jobs. Yet Mr. Obama seems to be delaying the approval of this good job creation project, why?

Well, the answer my friends is, environmentalists oppose this pipeline. Why? Well, they say it will create more greenhouse gasses thus warming the earth. JP Morgan says for every proposal there is a good reason and the real reason. First, I don't think environmentalists good reason is all that good. The State Department report debunks that. According to the State Department, the mining that Keystone XL is intended to support will go on with or without the pipeline. Without it, the oil will just be transported by different means to a different refining area. Probably off shore. Thus the harm, if any there may be, will take place and the refining will happen somewhere with fewer environmental protections than we have in the U.S.A.  That leaves us to answer the question, what is the real reason to oppose Keystone XL?

All I can figure is the environmentalists just don't want any sort of further development of the U.S. petro-chemical industry. For them, any development here is the worst thing they can imagine. They still use petro-chemicals, of course. They just don't want the industry in this country. The President's decision will tell us a lot about him and little else. The oil will get mined, it will get transported and it will get refined. The real question is, will that benefit the U.S. or will it harm the U.S. With Obama making the decision, I expect him to harm us rather than help us.

Walt-in-Durham

No comments:

Post a Comment