Sat Jun 9, 2012, 03:56 AM
alp227 (23,057 posts)
Romney energy plan shows candidate’s changing views, draws questions on job claims
Last edited Sat Jun 9, 2012, 04:00 AM - Edit history (3)
The energy chapter of Mitt Romney’s “Believe in America” economic plan is chock-full of statistics and job claims — numbers that will get a closer look after the recent dismal employment figures.
One of the controversial estimates in the plan is that new ozone regulations under President Obama would cost the U.S. economy 7.3 million jobs — more than all of the Americans who are now working for makers of apparel, automobiles, airplanes, machinery, paper, plastics and rubber, rail cars, beverages and cigarettes, and food and livestock products, as well as those working in mining or oil and gas extraction.
Some economists say the number is a stretch. And it may be moot, since Obama overruled the Environmental Protection Agency and shelved new ozone regulations in September, angering environmentalists...Romney’s campaign Web site still asserts that the Obama administration “has pursued numerous regulations that would drive up energy prices while destroying millions of jobs.”
Recently, Romney, who says he opposes federal aid for renewable energy, has portrayed the bankrupt solar panel maker Solyndra, a recipient of $535 million in federal loan guarantees, as a poster child of policy failure. After talking to reporters outside the shuttered Solyndra plant last week, Romney released a television ad featuring images of the plant and of Romney, who tells viewers that the now-bankrupt company’s federal funding is an example of “crony capitalism.”
Romney’s view that the government should cut off aid to renewable energy marks a reversal for the candidate. On Jan. 22, 2003, after becoming Massachusetts governor, Romney stood in front of Konarka, a developer of thin-film solar panels, and handed out $9 million from a “green energy fund” to renewable energy firms. Two years later, he said that “clean energy” was “an economic engine very much like biotech” that could spur “explosive growth” in Massachusetts. Romney said he would make Massachusetts a more appealing place for such companies.
On June 1, however, the day after Romney stood in front of Solyndra, Konarka went bankrupt.
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Romney energy plan shows candidate’s changing views, draws questions on job claims (Original post)
Response to alp227 (Original post)
Sat Jun 9, 2012, 07:58 AM
Arneoker (105 posts)
1. If Romney understood the free market capitalist system (or maybe just told the truth about it)
he would know (or confess) that not every idea that seemed good at the time makes it. Recently I went to the Chesapeake and Ohio National Park, which has preserved old canals from a scheme back in the first part of the 19th Century to set up a canal system from Washington, DC to the west. Well competition from the railroads killed it, just as the glut in solar panels, caused mainly by Chinese production, has killed several solar companies here.
And someone should ask Romney, was he for what he calls "crony capitalism" before he was against it?
It is better to light one candle than to curse the darkness.