Posts tagged ‘Economy’

September 2, 2011

Key to stronger economy is stabilizing gas prices, professor says » Anderson Independent Mail

Key to stronger economy is stabilizing gas prices, professor says » Anderson Independent Mail.

The economy needs consistency in gas prices to strengthen, Bodde said.

“The key danger in all this is volatility,” he said. “We can adjust to a high price and a low price, but the thing that really wreaks havoc on the economy is high prices then low prices and then high prices.”

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September 2, 2011

Stephen Moore: ‘Green Jobs’ vs. Real Energy Jobs – WSJ.com

Stephen Moore: ‘Green Jobs’ vs. Real Energy Jobs – WSJ.com.

President Obama is expected to seek another $250 billion or so in new stimulus funds next week, with plenty of money for clean energy and the creation of so-called green jobs…

So we now have a national energy policy directing our resources away from cheap, efficient and increasingly abundant fuels like coal, oil and natural gas while we channel billions of tax dollars to 500-year-old energy technologies like wind power that can’t possibly scale up to power a modern-day industrial economy. That’s a shame.