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View Diary: Wind industry thanks President Obama for saving 37,000 jobs with Wind Energy Production Tax Credit (59 comments)

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  •  Yes, I'm with you on this one. (8+ / 0-)

    If it were not for the fact that President Obama was already for it, the Republicans could probably be convince to support a large effort to stimulate jobs and our economy with broader tax credits and incentives to accelerate our conversion to solar, wind, geothermal, and tidal energy, which is acceleration already on its own.

    Likewise with the Infrastructure bank.

    I meant to write it up, and need to go back and get it, but two weeks ago a study of global national infrastructure investment showed that China was investing 9.5% of its GDP in infrastructure investment, the average for European nations was around 4.5% if I remember correctly, while ours in the U.S.A. was down to 2.5% which is not really enough even just to replace eroding existing infrastructure.

    Many Americans, especially of my generation, where brought up on the foundational belief that the U.S.A. was the best nation in the world for businesses.  For decades after WWII we had the best infrastructure, most highly educated and hardest working workers, lots of important electrical grids, water pipes, sewer systems, etc.  All the "infrastructure" a corporation could want when deciding where to site its next manufacturing investment.

    This advantage was so overwhelming compared to war ravaged Europe and Japan, and undeveloped areas throughout the world too many Americans seem to think these advantages are some how "transcendent, divinely blessed, or genetically inherent," and not related to five continuous decades of massive government led investments and development programs.

    Some of your here may be old enough to remember when the Soviet's launched Sputnik in and age where we could imagine nuclear missals dropping down from space.

    There was no partisan debate or delay what-so-ever both parties immediately launched a country wide expansion of eduction, math, and science, NSF, research funding - led by the government of the U.S.A.  Its was a patriotic thing. It was an American thing.  We would do immediately absolutely anything necessary to keep our country up with and ahead of the Soviets in math, science, technology, industry, roads, etc.

    No one complained about the size of government. no one came up with screw ball objections like "well, let the next generation of Americans advance their science eductions with the free market, and via personal application."

    This is the mood in China now.  They just allocated $1 trillion to advance their university systems, to catch up with and surpass the "West."  After pumping $30 billion into their emerging solar energy to bring inventions and innovations developed in the U.S.A. their solar industry, which they are dedicated to making number 1 in the world thrived and is capturing dominant market share almost everywhere.

    After over expanding and the prices of solar collectors fell 80% in the last five years, and their industries suffered, they just announced a $12 billion domestic program to put solar collectors on roofs in China to keep their manufacturing plants running while many of our went, or are going bankrupt due to the price war.

    This is what happened with Solyndra.  It was not corruption.  They had a superior technology, and needed pump-priming to get through the initial learning curve hump.  But, prices of cheaper previous technologies collapsed and their five year plan based on previous price forecasts collapsed.

    If that had happened in China, I think the government might have stepped in for develop the long-term strategic advantage.

    Whatever, sorry to go on like this, but it is so sad to see American self-destructing and deliberately making stupid choices based on the arrogant delusional fantasy, that we are always going to be number 1, because "God likes us best," rather than recognizing that history shows that "God and/or fate, or whatever it is"  seems to favor those countries that make wiser investment and infrastructure and invests in the education, health, and care of its people.

    We are not going to be a first world country if we continue to make third world national policy choices with a dysfunctional political system where too many politicians seem motivated by vindictiveness, stinginess, and greed rather than advancing, supporting, and investing in the common good of our country and people.

    One thing I enjoy about the rapidly emerging solar, wind, geothermal, tidal, piezzo-electric and other renewable energy technologies is that their advantages are becoming so compelling we se accelerating progress despite political dysfunction.

    So, even though this PTC is very small, and only 1 year rather than 10 with phase out, all Americans should be happy about it.

    I now yield my soap box to the next commenter, if anyone is still here, after such a long-winded rant.  Sorry, I had to get it out of my system.  

    Woof, woof!

    The means is the ends in the process of becoming. - Mahatma Gandhi

    by HoundDog on Sat Jan 05, 2013 at 11:20:11 AM PST

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    •  Just A Little Side Note For You (6+ / 0-)

      My great grandfather made a lot of money with his construction company building small bridges in southern IL. You know over a creek or something. I am happy he made them so well they are still standing today, 80 years later. But my gosh, maybe it is time we upgrade the darn things.

      BTW: I know when I drive over one them cause at that time it seemed people took care in their craftsmanship, and he put a bronze plate on each one noting how made it.

      When opportunity calls pick up the phone and give it directions to your house.

      by webranding on Sat Jan 05, 2013 at 11:26:37 AM PST

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    •  Last year we spent 1.3% of GDP (1+ / 0-)
      Recommended by:
      worldlotus

      on infrastructure.

      EU & India spends 5-6%. We used to spend 5-6%.

      FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Sat Jan 05, 2013 at 05:35:28 PM PST

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    •  small quibble (0+ / 0-)

      Solyndra's technology was surpassed by newer more efficient designs plus being undercut by China's low cost competition.

      --United Citizens defeated Citizens United...This time. --

      by chipoliwog on Sat Jan 05, 2013 at 08:12:25 PM PST

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