What Are We Doing?!?
by Handsome Matt
This is ridiculous! The subsidies are supposedly there to help a volatile industry stay more even keeled. Yet we see wild price swings regardless. If it were any more volatile, most people wouldn’t be a part of it.
Simply put, subsidies are doing just enough to keep the oil industry essential and relevant (read indispensable) for everyday life. It’s basically killing competition from other industries. Free market indeed!
Here’s my proposal. Take 2 of the $4 billion dollars in subsidies and invest heavily in sustainable technologies and initiatives. $1 billion is invested in a pay out fund for the families directly affected by the Exxon Valdez and Deepwater Horizon disasters. Why Exxon Valdez? Because the payout to the families was pathetic, and the beaches affected by it are still not clean.
The last $1 billion dollars?
Divide it evenly among the citizens of the United States of America. To stimulate the economy, by actually providing money to those who power the economy and as a way of apologizing for completely ignoring the best interests of the citizens of the United States of America.
If you’ve figured out that there are over three million citizens which roughly equates to $3 and change, then you’ve begun to wonder why that’s an apology. It isn’t! There’s no possible way the government can even begin to apologize for it’s awful behavior over the last twenty years!