An economists view of McCain policy and oil, do these numbers?

I have seen these numbers & diagrams elsewhere, but they are both on one page here... Asked by shaelyn 39 months ago Similar questions: economists view McCain policy oil numbers Politics & Law > Politics.

Similar questions: economists view McCain policy oil numbers.

Well, it's more complicated than that. Earmarks have always been the tip of the iceberg. They're the easy thing to understand.

You can point at an earmark and go, "Well, that's dumb". But they've always been a trivial part of the budget. McCain's pointing at them has more to do with his supposed willingness to deal with the truly hard problems.

But I don't know if he can do that. The real hard parts of the budget are in Social Security and the Defense Department. Cut a dollar from either one, and people scream bloody murder.

But Social Security is now being asked to pay for decades of people's lives when it was designed to pay for months, and it MUST be redesigned. And the Defense Department is a vast pile of fraud, waste, and abuse, the true earmarks in which bases are closed based on which senator has power in which committee rather than the financial and defensive needs of the country, conveniently slipped into a "black" budget that we can't see. These issues (along with Medicare) are the biggest expenses in the government, where real savings can be had.

Supposedly, the earmarks are a signal that McCain will try to fix them, but that's hard problem. As for drilling... well, there are reasons to go ahead and use our oil rather than theirs. A slight increase can actually noticeably cut the price, since demand is so inelastic.

Further, that drilling can help us transition more quickly off foreign oil if we have a domestic non-oil alternative. That is a vast "if". Far, far too vast to plan to drill before we come up with it.

Otherwise, we're just drawing down our reserves without a backup plan. And if you think oil is expensive now, wait until we have used up our reserves. So in the end, I agree with both points that the blog entry is making, but I think it's oversimplified the situation to the degree that I can't actually support the article itself..

" "Need some up-to-date books on economics and politics of oil. " "Can you view Numbers files on the iPhone?" "Who is more likely to bring us a new energy policy of less imported oil and alternative energy? McCain or Obama?

" "Ok... Let's put partisan politics aside and talk about issues - Taxing policy.

Need some up-to-date books on economics and politics of oil.

Ok... Let's put partisan politics aside and talk about issues - Taxing policy.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.