Sunday, March 17, 2013

President Says Cheap Oil a Destroyer, Not Creator of Jobs (would he lie?)

Semi-News/Semi-Satire ^ | 16 Mar 2013 | John Semmens

President Obama elaborated on his argument against the Keystone Pipeline project by making the case that cheaper oil would not increase jobs in America.
“Let’s just consider one example,” the President suggested. “The portion of this oil that would go into fueling transportation would clearly have a negative impact on employment. Your typical motor vehicle engine has over 100 horse-power. That means if we didn’t have the means to fuel these engines we’d have to use 100 horses to achieve the same transportation result. Is there any question that breeding, raising, feeding, and housing 100 horses would employ more people than tending to one motor vehicle?”
Obama argued that “the neglected alternatives to fossil-based fuels would all offer far more job opportunities. Besides the jobs that would be required to maintain horses, the slower travel speeds would mean more jobs for teamsters on any given haul. Then there’s wind power. Ships relying on this ultra-green source of energy require much larger crews to repeatedly adjust the sails. Couple this with the slower travel speeds and I think you can appreciate the potentially huge increase in the number of man-hours of employment there’d be.”
Representative Lee Terry (R-Neb) called the President’s remarks “disturbing. It’ looks as if he has no grasp of the concept of efficiency or economic progress. Simplistically, the President is right, it would take more time and effort—more jobs, if you will—to move goods by horse than truck. But it would also price many goods we take for granted out of reach for the average person. Taking advantage of technology, like cheaper oil via the Keystone Pipeline, is what enables today’s average person to live like the kings of bygone eras.”

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