| |
 |
 |
 |
1. Global warming claims all hot air, says speaker at OU2. OU student charged with raping 17-year-old3. Police chief: City can’t stop parties before they start4. For most, the journey to Nine Fest seemed worth it5. Is another oil and gas land-rush starting in Athens?6. Parties spun by OU alums have bootie-shakers raving7. High St. student renters take on big local landlord8. Tanning parlor fights to get back into uptown Athens storefront9. Oak and Mill fests mellow down easy10. City Council acts to ban ‘fracking’ in water supply area11. Landowners’ group renews leasing pitch12. Wal-Mart asks judge to grant store win in shoplifter’s lawsuit13. Electric blue skies, May warmth frame music fest14. OU and city officials urge better fest behavior15. Pills defeated relative when no other drugs could do it16. David Alan Jones17. Hall of Fame baseball coach calls it a day at OU18. Local developers hoping to revive struggling hotel19. Festering fests; down, down deep; and the Golden Rule20. Nine Festers enjoy the sun and music, without the mud
 |
 |
 |
 |
 |
 |
 |
 |
Home / Articles / Editorial / Letters / Why does Obama target an industry that’s pivotal to our economic future?
Wednesday, February 8,2012
Why does Obama target an industry that’s pivotal to our economic future?
To the Editor:
While the focus of President Obama's State of the Union address was job creation, his actions seem to conflict with his rhetoric. The president has consistently targeted an industry that supports more than 9.2 million American jobs and billions of dollars in tax revenue — the oil and natural gas industry.
It seems the president thinks that oil and natural gas companies should "pay their fair share" and that their tax breaks should be done away with, effectively raising taxes on this industry. Simply because an industry is profitable, does that mean we should raise its taxes, especially an industry that is supporting jobs and creating economic growth?
In my opinion, creating jobs means having the government get out of the way of businesses and allowing them to grow. I hope Congress and the president will allow flourishing industries to continue to do so. Only then will we see job creation and overall economic growth.
Samuel
Bain
Ohio
College Republicans
Tipp
City
Also in Letters:
Forest Service apparently on verge of allowing oil-gas leasesWhat good does Ohio University provide to Athens community?City just encourages drunk-fests by closing traffic, recognizing eventsLet’s hope that climate change denial evaporates into stupidityFor decency’s sake, Time Warner, bring back Columbus CBS!Mitt Romney and Palmer Fest celebrants have much in commonWhy is city discriminating against people who want to rent out homes?Health commissioner is ignoring a lot of hard data that questions fluorideIf you’re disgusted by banking folly, you can express yourself locallyCity Council right to challenge state law on fracking regulation
Get real. This industry is making obscene profits while charging us an arm and a leg, and flouting environmental laws in the process. And the economic growth "fueled" by this industry is, for the most part, dirty and unsustainable economic growth. Now, real support for energy conservation and energy efficiency would benefit us in many, many ways, but is opposed by those people in the fossil fuels industry because it allows consumers to reduce future costs.
Regarding "obscene profits", I saw the head of Exxon-Mobil on Cspan about a year ago. He claimed it took $1billion a day to run the company worldwide. Now how much money do you think they should make if you believe profits are obscene. And this notion of "flaunting" envriomental laws is ridiculous! No company nowadays would willingly do that, I't would be detrimental to their business.
No way in the near future will this country be powered by anything other than fossil fuels. Without them this country would grind to a halt. Alternatives can help here and there until they can be developed further.