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Showing posts from April, 2009

Forced Spending the Key to Economic Growth?

I'm getting rather annoyed about I keep hearing on television. Economists keep saying that spending is the key to economic growth and it's how we're going to be pushed out of this recession. I'm not denying that spending is part of the economy, but spending inevitably falls under supply and demand. It naturally gravitates to a balance and I think people are missing that.

The main thing that annoys me is that people like Robert Rice and other economists keep saying if the government cuts taxes, bails out the people, gives refund checks that people would save their money or pay off debt. OH THE TRAGEDY!!!! The horrors of saving your money. Oh no!! Paying off your debt. That's treason!!!

There needs to be a balance between capital and spending. Saving your money, paying off debt, investing all falls under the category of capital. Spending is when you consume. Obviously a business will do better if more people buy, but there needs to be capital too. You can't make lo…

Are Wind Turbines Good Enough?

I really wanted to mix a little science and politics today. I'm very passionate about this issue because I am an electrical engineer and I did major in power systems. I've had the chance to study, design and work with the "renewable energy" sources that are so hyped by the government. Well, are wind turbines good enough? I would argue no.

Everyone that reads my blog is always suspicious about my motives since I'm a capitalist and obviously wouldn't support such things. With all the subsidies and slimy businesses involved with the government to produce this stuff, it should be enough to make my point, but I'm going to talk to you about the realities.

When I hear Obama talk about solar panels and wind generators, I think he's talking about this new utopia. The talk that we can get off foreign oil and things like this make me laugh.

Wind turbines produce power, but they're just not good enough and here is why...

Space - The amount of space that is requi…