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The Water Cooler
General Discussion
Low wind puts Texans on high alert to conserve power
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<blockquote data-quote="TwoForFlinching" data-source="post: 3262299" data-attributes="member: 24500"><p>I appreciate the econ lesson, but I could have sworn I typed 'Tax Credit.' The lack of growth isn't due to a credit shortage. Oil companies are still banking record margins. It's that margin that costs jobs. Protect the margin at all costs, hence the layoffs. Because it's not enough to make money... they have to make a ton of money. I understand the logic behind gifting credits. More workers equal more tax revenue, a booming economy, but I still feel the taxes I pay don't deserve to die as an oil field workers welfare.</p></blockquote><p></p>
[QUOTE="TwoForFlinching, post: 3262299, member: 24500"] I appreciate the econ lesson, but I could have sworn I typed 'Tax Credit.' The lack of growth isn't due to a credit shortage. Oil companies are still banking record margins. It's that margin that costs jobs. Protect the margin at all costs, hence the layoffs. Because it's not enough to make money... they have to make a ton of money. I understand the logic behind gifting credits. More workers equal more tax revenue, a booming economy, but I still feel the taxes I pay don't deserve to die as an oil field workers welfare. [/QUOTE]
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Low wind puts Texans on high alert to conserve power
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