Posted on 01/23/2020 4:12:29 AM PST by karpov
Most presidential campaigns feature a familiar refrain: Each candidate promises to create millions of new jobs. The 2020 primaries are unusual in that nearly all the Democratic candidates, including Joe Biden, Elizabeth Warren, Bernie Sanders and Michael Bloomberg, are solemnly pledging to destroy millions of jobs by ending the shale oil and gas revolution.
The Democrats’ war on fossil fuels was on full display at the debate in Los Angeles last month, where Joe Biden, the supposed moderate, was asked if he would rein in America’s shale oil and gas production even if it meant “thousands, maybe hundreds of thousands” would lose their jobs. He unhesitatingly responded “yes,” to cheers from the audience of college students and professors. He then recited the familiar liberal riff about how investment in wind and solar power will save the economy. (Soon afterward he told a New Hampshire audience that unemployed energy workers should “learn how to program.”)
The gaffe evokes the moment in 1984 when Walter Mondale pledged during a presidential debate with President Reagan that he would raise everyone’s taxes. Mr. Mondale went on to win one state and the District of Columbia.
Curtailing U.S. oil and gas production would be economically disastrous. At least $1 trillion of U.S. economic output is related to the shale revolution, and more than 1.5 million Americans are employed in the industry. A PricewaterhouseCoopers study for the American Petroleum Institute found that at least four million American jobs are tied to the shale oil and gas revolution in areas like auto production, construction, petroleum engineering, pipe fitting, service stations, steel production and trucking.
Democrats’ quest to eliminate these jobs would hurt them in the swing states they’ll need to win to unseat President Trump.
(Excerpt) Read more at wsj.com ...
Good idea. Thanks.
Agreed, just need to make sure PDJT and his team exploit this during the General. Wrap them in the “learn to code” bylines and watch them squirm.
Ask the people who already know how to code and have lost their jobs to H1Bs how useful “learning to code” is likely to be in the future. In the current environment “learning to code” is essentially equivalent to “wasting your time”.
When will everyone realize that electricity has to be created....while natural gas is just "there" and likely the very cleanest source of energy.
Maybe.. Hope it is so.
I often see, however, hard-core dems separate their voting practices from the ‘real-world’ consequences of the election results.
Dems who have hunted and lived with guns all their lives are mumbling, ‘Well, that ain’t right,’ when looking at the gun laws coming out of Richmond, but they are showing no signs of changing their liberal voting habits.
They plan to vote the big ‘D’, just like Daddy and Grandpa did.
It is great having who you are going to vote for already decided! You don’t have to think or even pay attention to the political conversation! Just mumble the liberal mantra and pull the lever!
When the dem wins, they can smugly say that their team won. Then get a second job to make ends meet. If the pub wins, they grumble about the unfairness of it all but soak up the better living conditions. Win/win!
When I run into one, I think, ‘The Yellow Dog Syndrome is strong in this one.’
If Joe Manchin was a man, he would bolt the Democrap Party pronto. From coal to natural gas shale his national party will cause how many lost jobs.
How many companies will have to write down investments already made and how many will have to declare bankruptcy. This effects equity holders as well. That means equity funds!
Economics 101 is racist, will destroy the environment...or something
This is what happens when you are so obsessed with power that you promise everything to everyone, rather than promising to do what is best for the country. The Dems cannot possibly be for radical ecological positions and, simultaneously, be for workers. The Dems cannot possibly be for unrestricted immigration, and for lesser-educated minorities or workers.
Sucks to be them...because “My Precious” is slipping from their hands.
It’s absurd to preach a totally green world. Nobody in Minnesota, Wisconsin, Michigan, Ohio, Pennsylvania or Maine can heat a house through the winter with a windmill and a solar panel.
The insanity of this is obvious........and politically dangerous.
The Left and their fellow travelers couldn’t care less about which energy is “clean”, only which they can most easily demonize and scaremonger their way into complete control.
OHIO PING!
Please let me know if you want on or off the Ohio Ping list.
Democrats’ War on Fracking Will Cost Them in Battleground States. Ohio and Michigan have more than 400,000 shale workers, and Pennsylvania alone has 320,000.
Wall Street Journal ^ | January 22, 2020 | Stephen Moor
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