Are we sure he is an American? This sort of behaviour reminds me of a certain wanna-be superpower country which borders China
American Economics Thread
- Thread starter Bernard
- Start date
You would be surprised to know that a lot of Americans are Jai Hind types.
NGL otherwise known as condensates right.
FriedRiceNSpice
Captain
Maybe he is a student (either in US or somewhere else) and wants to believe the illusion that there is a good paying job that will afford him a "super affluent" lifestyle with "MacMansion and trophy wife" waiting for him in the US, so he hunts tirelessly for whatever specks of data he can misinterpret to fuel his delusional dreams.
PiSigma
"the engineer"
Yes, natural gas liquids or condensates. Anything from ethane to pentane. Mostly propanes to pentanes.
It's easier to form bigger molecules that is useful by combining, because then you can get the forms you want.
Plastics are typically based with C2s, easiest and cheapest way. Can also be made with other molecules but more expensive.
He's just referring to general energy use efficiencies in the last 40-50 years that have effectively flat-lined US oil consumption for the last 20 years. As well as the research, loans, and development of technologies that allows for the fracking revolution to occur in the first place.
This is all of course, largely irrelevant because the black gold in U.S. will either eventually run out or become unprofitable to extract. Even if it isn't however, United States' refusal to take the energy transition seriously puts us on a serious backfoot relative to China, who is well underway and has all of the production inputs to transition (they're already transitioning).
Every country has different challenges. Considering America's excellent demographics, strong industrial base, strong institutions, and its privileged role in the international system, our progress is pathetic, crippled almost entirely by political infighting that has stalled meaningful progress. The private sector is of course productive, but there is no reason why U.S. cannot lead the energy transition, the fight on climate change, why we cannot build highly efficient mass transit, or why we cannot provide cheap and affordable housing. The ingredients are all present, the only thing missing is political will.
Instead, the only bi-partisan thing the clowns in D.C. can agree on is boosting inefficient defense spending and denying cheap Chinese goods to Americans.
The American economy is one of the strongest in the world... It's not even a debate. The challenges that face U.S. is the inefficient deployment of its resources and inability of the government to provide basic common goods to its citizens. The main ones of course being affordable housing and healthcare.
I've made fun of people complaining about food costs before in this thread and I'll do it again. I have sympathy for American poor, but paying marginally more for food isn't why they're poor. They're poor because housing is becoming unaffordable and frankly, most poor people are shit with money or knowing how to move up in the world.
Targeted question - I wonder what figure he thinks washing dishes at restaurants earns...
Hahahaha, nice joke.
I'm not an Amerimutt but as a european i get top 30% salary in germany and still could never buy a house in a known city.
Can't Imagine any better conditions in the states
In many big cities in US, even making low six figures feels like poverty level