Skip to main content

View Diary: Nebraska utility phasing out 5 coal plants for 49% reduction of greenhouse gases for little cost (119 comments)

Comment Preferences

  •  Who said anything about all at once? (0+ / 0-)

    But really - it would be good if we did get cranking. The way the economy is working now is, most corporations are doing pretty well, the stock market is ticking along, but jobs are just not being created so workers have no leverage with employers.

    And if you're an oligarch, that's darn near ideal. No inflation means your wealth can just sit there, no jobs means you can shaft your workforce because what are they going to do, and you can spend your money buying politicians for the laws you want AND keep people from expecting the government to do anything for them. Sweet!

    The expensive argument doesn't really hold up when you look at the size of the private sector compared to the Federal government's budget. Those guys are sitting on trillions, and a lot of it is parked not doing anything, because the people in control of it want maximum ROI. We had a crash in 2008 because they figured they'd ride a housing bubble. Oops!

    There's a lot of money still out there; it's just not being used for the public sector the way it used to. Public investment versus private investment is way down and that's why things are falling apart. Those "job-killing high taxes" you hear conservatives complain about used to be a lot more progressive, and we got jobs, services, and infrastructure out of it. That money didn't get hoovered up by the government and burned - it got sent back out into the economy where it could benefit everyone, not just CEOs and shareholders.

    Put it another way, when you hear companies are spending billions on buy-outs and mergers, that's ultimately going to do little to nothing for the rest of us - but it will make a handful of people a lot wealthier.

    The "too expensive" argument is all about cutting taxes and government - and it's killing us. With higher taxes on that idle money, we'd be creating jobs and growing the economy. Public investment benefits everybody.

    And if we don't start spending to really deal with Climate Change, it really is going to kill us.

    "No special skill, no standard attitude, no technology, and no organization - no matter how valuable - can safely replace thought itself."

    by xaxnar on Sat Jun 21, 2014 at 05:12:16 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site