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Self-identified liberals and Democrats do badly on questions of basic economics.
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<blockquote data-quote="av8torntn" data-source="post: 743458" data-attributes="member: 8259"><p>Did the taxpayers not agree to take care of the mess when they hired BP to extract oil from this part of the gulf? If we had a free market should two groups of individuals not be allowed to make an agreement? Does the government not charge all drilling companies fees that were supposedly to be set aside to clean up oil spills? You mentioned the Jones Act in another thread. I am not sure how one can maintain that they have control over the waters there but yet at the same time control over those waters is someone else's fault. </p><p> </p><p>I'm not a fan of this entire process. I can easily see that there is no way that an oil company would be drilling in such a costly and risky area if not encouraged through regulation and incentives from the government. </p><p> </p><p>It is also interesting how BP is being portrayed as such bad guys when they just set aside a 20 billion dollar fund that was the responsibility of the government and they also set aside another 100 million dollar fund that to pay for consequences solely caused by our government.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 743458, member: 8259"] Did the taxpayers not agree to take care of the mess when they hired BP to extract oil from this part of the gulf? If we had a free market should two groups of individuals not be allowed to make an agreement? Does the government not charge all drilling companies fees that were supposedly to be set aside to clean up oil spills? You mentioned the Jones Act in another thread. I am not sure how one can maintain that they have control over the waters there but yet at the same time control over those waters is someone else's fault. I'm not a fan of this entire process. I can easily see that there is no way that an oil company would be drilling in such a costly and risky area if not encouraged through regulation and incentives from the government. It is also interesting how BP is being portrayed as such bad guys when they just set aside a 20 billion dollar fund that was the responsibility of the government and they also set aside another 100 million dollar fund that to pay for consequences solely caused by our government. [/QUOTE]
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Self-identified liberals and Democrats do badly on questions of basic economics.
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