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Wednesday, February 27, 2013

Exporting Oil/ Importing Manufacturing

Does it seem like the economic problems of our country are insurmountable? Well they are not. And here is why. Two things need to happen to fix our nation's economy. First one has to do with big oil companies. Not to put the blame on big oil because of their practice of capitalism however the oil companies find it more profitable to export our nations oil which includes refined petroleum products, instead of putting the oil on the market here at home. They make a huge profit by exporting petroleum to China which keeps supply low domestically and prices high. Now they are raising the price of gas to send a message to Washington that they want their Keystone pipeline. Our nations population believes that getting that line will lower prices here in America. But they are wrong. Capitalism dictates that exporting oil is more profitable then keeping it here in the homeland. The solution to the problem is an oil tax. But not a monetary tax. There needs to be a physical oil tax to keep our oil here. For example, for every 10 barrels of oil exported to China, and oil tax would keep one barrel here in America. Of course there needs to be certain political corrections to put into place before this would happen. Solution number two is No More Free Money. Unfortunately there are millions of permanently unemployed Americans right now and we can't afford to keep paying them with Welfare checks and unemployment checks. The people collecting this money need to produce something instead of getting a get out of jail free card. There needs to be a government program of jobs opened for these permanently unemployed people. Number one of the jobs that should be on the list would be manufacturing. People who collect government money ought to be manufacturing things that are now manufactured in China. With the wages payed to these permanently unemployed people, this would compete with China for manufacturing jobs. Sorry folks. Time to wake up and smell the roses. We are now competing in a global economy. No more time for picking and choosing jobs and demanding things via unions. So there you go.. 1)More domestic oil 2)Competitive domestic manufacturing Until these problems are fixed,, our country will go deeper and deeper in debt. But alas there are more problems to be fixed... coming up next are more solutions!!!

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