Originally Posted by
N2264J
I'm not clear on your meaning. Some technology we take for granted has been heavily funded by government and wouldn't exist in it's current form without government. Our national system of highways and the internet, for example, were funded by the government and ignited the economy. There has been countless innovations that came out of NASA like Velcro and hospital patient monitoring technology. That's what good government does.
If, on the other hand, you are saying that tax payers shoveling money to the billions-of-dollars-per-quarter-profit oil companies in the form of subsidies and tax credits is buffoonery, I agree.
Maybe you are not lying, maybe you just beleive the puppetmasters in washington.
http://www.cbo.gov/sites/default/fil...ergy_Brief.pdf Look at the chart on page 4 to see where the subsidies go. Now lets compare subsidies to energy produced. Big oil profit margins are 6.2%. I think that is fair, what do you think there profit margin should be?
Oil Industry Profit Margin Ranks Fairly Low: There Are Bigger Fish - Seeking Alpha
I favor eliminating all subsidies to corporations or colleges. But at least big oil gives us something for our money.