News that liberals probably won't like

The Commerce Department said Thursday that the gap between the United States sells and what it buys from foreign countries hit $55.5 billion in October, the fifth straight increase and highest since October 2008.

The politically sensitive deficit in the trade of goods with China rose 7.1% to a record $43.1 billion. The goods gap with the European Union widened 65.5% to a record $17.6 billion.
there's nothing wrong with trade deficits. think about the comparative advantage. we're a consumer society, and that's super tenable.
 
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America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal moment toward what President Trump has branded "energy independence."

The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New Mexico to the Bakken in North Dakota to the Marcellus in Pennsylvania.

U.S. crude shipments reached a record 3.2 million barrels last week.

The shale revolution has transformed oil wildcatters into billionaires and the U.S. into the world’s largest petroleum producer, surpassing Russia and Saudi Arabia.

The power of OPEC has been diminished, undercutting one of the major geopolitical forces of the last half century. The cartel and its allies are meeting in Vienna this week, trying to make a tough choice to cut output and support prices, risking the loss of more market share to the U.S.

“We are becoming the dominant energy power in the world,” said Michael Lynch, president of Strategic Energy & Economic Research.

"Trump is making America great again," said Joe McMonigle, an oil analyst at Hedgeye Risk Management LLC and a former senior official at the U.S. Energy Department. "First president in modern time to get America to be energy independent."

Oil historians that have compiled annual data using statistics from the American Petroleum Institute showing the country had been a net oil importer since 1949, when DEMOCRAT Harry Truman was in the White House.





https://www.bloomberg.com/news/articles/2018-12-06/u-s-becomes-a-net-oil-exporter-for-the-first-time-in-75-years

When you think of economically available oil as a limited resource, this shouldn't be seen as a positive thing from either a liberal or a conservative perspective. Think about what it means: we're not only consuming our own limited resource, but we're actually selling it off to others, as well, at a time when oil is only getting a little over $50 per barrel.

From the perspective of a GENUINE CONSERVative, we'd want to be holding our own oil in reserve ("conserving" it, if you will), so we have something to tap in a generation or two, when the market is much tighter (and prices much, much higher). At a time when oil is cut-rate on the global market, ideally we'd be taking the opportunity to burn up OTHER COUNTRIES' oil, rather than depleting our own limited resources and selling into a buyer's market.
 
When you think of economically available oil as a limited resource, this shouldn't be seen as a positive thing from either a liberal or a conservative perspective. Think about what it means: we're not only consuming our own limited resource, but we're actually selling it off to others, as well, at a time when oil is only getting a little over $50 per barrel.

From the perspective of a GENUINE CONSERVative, we'd want to be holding our own oil in reserve ("conserving" it, if you will), so we have something to tap in a generation or two, when the market is much tighter (and prices much, much higher). At a time when oil is cut-rate on the global market, ideally we'd be taking the opportunity to burn up OTHER COUNTRIES' oil, rather than depleting our own limited resources and selling into a buyer's market.

Yep.. and Trump is bleating about oil being cheaper yet..
 
but you're fine with trade deficits.

Write Trump and let him know. He’s shitting his Depends over it.

“President Trump’s fixation with America’s widening trade deficit is fueling his decision to impose stiff tariffs on steel and aluminum imports. Only a small group of experts share Mr. Trump’s fixation, and few see tariffs as an effective tool to narrow the so-called trade gap.

Most economists do not see the trade gap as money “lost” to other countries, nor do they worry about trade deficits to a large degree.”

Probably won’t help because of his incredible stupidity.
 
Write Trump and let him know. He’s shitting his Depends over it.

“President Trump’s fixation with America’s widening trade deficit is fueling his decision to impose stiff tariffs on steel and aluminum imports. Only a small group of experts share Mr. Trump’s fixation, and few see tariffs as an effective tool to narrow the so-called trade gap.

Most economists do not see the trade gap as money “lost” to other countries, nor do they worry about trade deficits to a large degree.”

Probably won’t help because of his incredible stupidity.

I dont care if trump knows about your thoughts. call me callous
 
When you think of economically available oil as a limited resource, this shouldn't be seen as a positive thing from either a liberal or a conservative perspective. Think about what it means: we're not only consuming our own limited resource, but we're actually selling it off to others, as well, at a time when oil is only getting a little over $50 per barrel.

From the perspective of a GENUINE CONSERVative, we'd want to be holding our own oil in reserve ("conserving" it, if you will), so we have something to tap in a generation or two, when the market is much tighter (and prices much, much higher). At a time when oil is cut-rate on the global market, ideally we'd be taking the opportunity to burn up OTHER COUNTRIES' oil, rather than depleting our own limited resources and selling into a buyer's market.

right. stick with your "energy independance is bad" schtick. that should work well for you.
 
right. stick with your "energy independance is bad" schtick. that should work well for you.

You don't appear to have grappled with the argument. This isn't about whether energy independence is bad or good. It's about whether we should be jeopardizing future energy independence by tapping a limited resource now, at a time when we could be buying it on the foreign market at cut-rate prices, or whether we should be holding those national resources for a rainy day, so we have them in the future when such resources are much scarcer. A conservative, in the traditional sense of the word -- someone focusing on conserving -- would opt for the latter.
 
You don't appear to have grappled with the argument. This isn't about whether energy independence is bad or good. It's about whether we should be jeopardizing future energy independence by tapping a limited resource now, at a time when we could be buying it on the foreign market at cut-rate prices, or whether we should be holding those national resources for a rainy day, so we have them in the future when such resources are much scarcer. A conservative, in the traditional sense of the word -- someone focusing on conserving -- would opt for the latter.

you're saying its bad.
 
Some left coast libs are likely displeased by this measure


I guess the seas didn't stop rising. :dunno:


Del Mar has decided to include “managed retreat” as a last-resort option for dealing with sea-level rise, despite widespread objections from homeowners in the tony, seaside enclave.

The California Coastal Commission, in two letters to the city, has emphasized that managed retreat must be “one of the tools in the toolbox,” city officials said.

Managed retreat is a term that describes planning for ways to remove homes, roads, public buildings and other structures from the path of the rising sea. In some cases, it could involve the government buying the properties, or assisting in the sales, and helping the residents find new places to live.

The idea is especially controversial in Del Mar, where hundreds of multi-million-dollar homes are built near sea level.

Residents, backed by the city’s Sea-level Rise Stakeholder Technical Advisory Committee and the Planning Commission, had said that under no circumstances should managed retreat be considered for Del Mar.

However, the City Council voted to include the idea.

Residents fear their property values will plummet if word gets out that the city is considering managed retreat.

Six beachfront homes are for sale in Del Mar, but in the past 15 months, only one has sold for $18 million.

The Coastal Commission insists that managed retreat be addressed in the city’s mandatory sea-level rise adaptation plan, said Mayor Dwight Worden, who’s also been the Del Mar city attorney.

“We must include this option,” he said. Jon Corn, an attorney for a property owners group called the Beach Preservation Coalition, said the idea of managed retreat is based on the fallacy “let nature take its course.”

The city’s sea-level rise committee has been working for three years on the proposed adaptation plan which, when approved by the city and the Coastal Commission, would become an amendment to Del Mar’s Local Coastal Program.

The consensus of scientific opinion is that sea level will continue to rise, and that storms will continue to increase in frequency and intensity, Del Mar Principal Planner Amanda Lee said.

Del Mar can expect continued narrowing of the public beach, erosion of coastal bluffs, increased flooding and storm damage, Lee said. Adaptation planning is complex, strategies are untested, all options carry extensive financial costs, and no funding has been identified.

Councilwoman Ellie Haviland said Del Mar needs to get its plan approved to stay in sync with other coastal cities.

Carlsbad and Imperial Beach have already adopted their managed retreat, and Oceanside and Solana Beach are working on theirs.


https://www.sandiegouniontribune.com/communities/north-county/sd-no-managed-retreat-20180417-story.html
 

Not my fault, and not Obama's fault that China's technology in renewable energy products is better and cheaper than what we've been able to accomplish here on our own American soil. And let me tell you, many other countries are now out in front of the USA and in fact now leading the USA and our efforts to be able to compete.

Why? Because you Republicans have obstructed, blocked, lied, cried, and denied, and ended every effort America has made in trying to keep us competitive and successful in establishing new regenerative energy sources.

Do not blame Democrats when companies like Solyndra fail! Blame yourselves!
 
Not my fault, and not Obama's fault that China's technology in renewable energy products is better and cheaper than what we've been able to accomplish here on our own American soil. And let me tell you, many other countries are now out in front of the USA and in fact now leading the USA and our efforts to be able to compete.

Why? Because you Republicans have obstructed, blocked, lied, cried, and denied, and ended every effort America has made in trying to keep us competitive and successful in establishing new regenerative energy sources.

Do not blame Democrats when companies like Solyndra fail! Blame yourselves!

That's not what Fact Check said, is it?

Obama exaggerated when defending his administration’s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar company.

Obama referred to Solyndra’s loan at an Oct. 6 press conference as “a loan guarantee program that predates me.” That’s not accurate. Solyndra’s loan guarantee came under another program created by the president’s 2009 stimulus for companies developing “commercially available technologies.”

The president also deemed the loan guarantee program “successful”.


https://www.factcheck.org/2011/10/obamas-solyndra-problem/
 
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