Burning the Midnight Oil for Living Energy Independence
Yeah, OK, its not Sunday, but I got called on Saturday morning after a Friday night class to substitute for a colleague, and that threw me off completely. Fortunately for the Sunday Train, I am massively underemployed, so there is Monday afternoon available to finish composing what I been thinking about this week.
As I discussed in Whether and How to Sell the Jobs Policy, there is not a whole lot of “pop” in the jobs bill, but there is some. The EPI analysis suggests 1m in jobs “created or saved”, but of course “jobs saved” is an increase compared to a counterfactual, and not an actual increase. Over half of those are “job saved”, so the “pop” is under half a million jobs.
If spread evenly across a calendar year, “just under half a million new jobs” would be 40,000 new jobs per month. If 150,000 new jobs per month is needed to bring unemployment down, that is relying on our stuttering economy to create 110,000 or more ~ close to what we have often been achieving, but there is substantial concern that we might not keep it up, after a month with about 0 (zero, zilch, nada) new private jobs created.
So the aim here is to look for something that can add some more “pop”. And having read the title, you know that a 1 penny Oil Tariff is involved. Hopefully raising the question in our mind: “uhmmm, where’s the ‘pop’ in that?”
There has recently been a flurry of activism regarding regulatory approval of the “XL Pipeline” in support of bitumen production from Canadian Tar Sands. This is an issue that has attracted substantial attention from a variety of bloggers ~ the
Yonah Freemark at his site
Back in the 90’s, Texas tried to get an Express HSR system off the ground (that is, a bullet train system somewhere in the 125mph to 220mph range) with the “Texas Triangle” project.
OK, now, thanks to John Kasich, we are not going to get started on that Rapid Rail HSR network before 2015. Indeed, Democrats would probably have to take back one of the two Chambers of the State Legislature to be able to hit the ground running on getting that Rapid Rail HSR network going in 2015.
Two stories over the last week underlined the determination of the radical right wing that dominates the Republican Party to sabotage America’s future and betray our national security and the interests of our children and grandchildren:
Chairman Mica
Way back before the Super Bowl, the White House had a series of exciting announcements, covered at
There was shocking news early this June about May economic performance: GDP growth in May was about the same as the average for the first quarter of 2011, and so employment growth was virtually stagnant, and indeed fell behind growth of the labor force.
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