In response to:

Obama Is Not a Deficit Hawk. He's Just a Keynesian

Smitty41inPB Wrote: Feb 13, 2013 8:41 PM
why don't the oil and gas companies simply buyout all the green energy companies and ship them to China?
george washington Wrote: Feb 13, 2013 8:45 PM
Ship the "greenie weenie" pencil-necked tree-huggers promoting them along in the package, Smitty.
george washington Wrote: Feb 13, 2013 8:48 PM
Clearly the green subsidies need to be eliminated, Bud, unless one believes that wind-power or solar are going to become cost- effective "any day now", like the weenies have been saying for years concerning electric cars.
Smitty41inPB Wrote: Feb 13, 2013 8:52 PM
bud/GW
it all needs to go away, and my off the cuff remarks are slightly s/, glad bud spell out the actual issues in case the moron troop pops in
george washington Wrote: Feb 13, 2013 9:12 PM
The Canadians have been wising up, Smitty.

They are now exploiting their resources more fully and intelligently, and have been whacking away at mindless Governmental regulation.

Their economy is beginning to show some postive results.
BudWiser Wrote: Feb 13, 2013 8:44 PM
the Green companies are actually getting enough subsidies they can pay the power companies to take their power

http://online.wsj.com/article/SB10001424127887324481204578179373031924936.html
BudWiser Wrote: Feb 13, 2013 8:44 PM
The costs of wind subsidies are extraordinarily high—$52.48 per one million watt hours generated, according to the U.S. Energy Information Administration. By contrast, the subsidies for generating the same amount of electricity from nuclear power are $3.10, from hydropower 84 cents, from coal 64 cents, and from natural gas 63 cents.

In addition, wind power benefits from federal mandates requiring the use of renewable energy by federal agencies along with preferential treatment by the Bureau of Land Management and the U.S. Forest Service. Many states provide additional tax breaks, subsidies and mandates for wind power. The total value of these additional subsidies has never been calculated.
BudWiser Wrote: Feb 13, 2013 8:44 PM
But the cost to taxpayers is only part of the problem. Subsidized, wind-generated electricity is displacing other, much cheaper sources of power. The subsidies are so high that wind-power producers can pay utilities to take the electricity they produce and still make a profit. Such "negative pricing" has occurred for some time in the Midwest, the Pacific Northwest and in Texas—and, according to the Energy Information Administration, it will likely grow.
Over at Investors Business Daily, Jed Graham writes about "the deficit chart that should embarrass budget hawks," which shows that the federal deficit has been shrinking in the last two years and is projected to shrink further this year:

Graham writes that the draw-down in federal spending puts a precarious economic recovery at risk. That's certainly a take in line with conventional Keynesian economic analysis - the Congressional Budget Office has similarly projected this year's sequester to knock 0.6% off of projected GDP growth and cost 750,000 jobs by the end of the...