Sundays with Sherrod: China Envy
When not attacking American companies, President Obama gets downright romantic about the grand things American companies do with Washington's guidance. China is frequently a source of envy (see: passenger rail boondoggles), because China's statist capitalism-lite floats Obama's boat. As America's most statist senator, Sherrod Brown (D-OH) is on board for anything involving more government!
Sherrod asked President Obama about his plans for a federal manufacturing and energy policy during a February 2010 Democrat meeting:
President Obama knows what's best, and seems annoyed by the democracy blocking his path. For all his worries of "falling behind" autocratic China in the race to throw money at unmarketable products, we have to wonder how much of the New York Times coverage he was briefed on the week before!
In the United States, power companies frequently face a choice between buying renewable energy equipment or continuing to operate fossil-fuel-fired power plants that have already been built and paid for. In China, power companies have to buy lots of new equipment anyway, and alternative energy, particularly wind and nuclear, is increasingly priced competitively.
As in many other industries, China’s low labor costs are an advantage in energy.
Emphasis mine. Impromptu poll: Do you think Sherrod Brown or President Obama comprehend how expensive capital is, or realize China's population and infrastructure are different from ours? Do you think they would cross Big Labor in order to compete with Chinese manufacturing in a meaningful way?
What the average person might call "reality" is only a cloud of pesky details for Barack Obama and Sherrod Brown to wave aside. Green energy is A Good Thing, so taxpayers should happily spend money on green energy while coal & oil companies take their medicine and ask for more. Pipelines are right out. Sure, we'll lose the occasional half billion or so funding the endeavors of Obama donors, but that's part of the fun!
If you suffer through the complete hour-and-fifteen session on the White House YouTube channel, you'll hear both Sherrod and the president mention glowingly Ron Bloom, Obama's former "Car Czar." Bloom, instrumental in bringing the UAW out on top of the Chrysler and GM bailouts, is both an SEIU alum and a Mao enthusiast. Forget about the jobs lost to China; the ghost of Chairman Mao draws in Obama appointees like a siren!
In matters of manufacturing and green energy - as with most everything else - Sherrod Brown is a cheerleader for Obama's worst Progressive tendencies. For a Senate seat the GOP can retake this November, look no further than Ohio!
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