More Americans renounce citizenship due to trump

[eohrnberger]

Trump was handed a bull market that last 12 years by obama. Trump gave biden a recession.

Meh. Seems to me that it was looking pretty darn good until the Wuhan virus came around.
You know. Record low unemployment and record high labor participation, raising all boats.

 

[VanceMack]

The video cited in the link states pretty clesrly that this exodus actually began in 2010, not 2019, and was due primarily to the passage of ther FATCA..democrat legislation used to tax citizens twice on the same income.

 

[W_Heisenberg]

How about the federal government's continuing inability (and unwillingness) to live within it's means?

Isn't this a separate issue though?

Is it wasteful for the government to promote entrepreneurship, and business in general, and important sectors of the economy?

 

[eohrnberger]

Isn't this a separate issue though?

Well, I suppose that you could segment the issues, but then wouldn't you do so at the detriment of the over all 'big picture'?

Is it wasteful for the government to promote entrepreneurship, and business in general, and important sectors of the economy?

Would you agree that the petroleum sector of the economy is an important one?
I mean given how many products and materials it produces as well as how many people count on it's fuel products to get to their jobs on a daily basis?

 

[reflechissez]

Meh. Seems to me that it was looking pretty darn good until the Wuhan virus came around.
You know. Record low unemployment and record high labor participation, raising all boats.

Nope.

 

[W_Heisenberg]

Well, I suppose that you could segment the issues, but then wouldn't you do so at the detriment of the over all 'big picture'?

Don't you want to spend money on stuff that is useful and works? And stop spending money on stuff that is not useful and is wasteful?

How do you do that without looking at the data?

Would you agree that the petroleum sector of the economy is an important one? I mean given how many products and materials it produces as well as how many people count on it's fuel products to get to their jobs on a daily basis?

Whooops. You shouldn't have pointed to this industry. This is a really bad example.

The government actually funded the research into fracking that lead to the technology we currently use that gives the U.S. a competitive edge in the industry.

The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government subsidies for research, demonstration, and production, a new Breakthrough Institute investigation finds. The lesson from the shale gas history is that government investment in innovation can, over time, commercialize and deploy technologies that make yesterday's less-efficient, dirtier, and more expensive technologies obsolete. The successes achieved by federal agencies partnering with private industry to design, demonstrate, and commercialize shale fracking should tell us something about the ongoing federal support for solar, wind, nuclear, and other zero-carbon energy technologies. Just as it did with personal computers, cell phones, jet turbines, and nuclear power, federal investment in innovation can lead the way towards American technological leadership, international economic competitiveness, and a cleaner energy future.

US Government Role in Shale Gas Fracking History: A Response to Our…

The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government…

thebreakthrough.org

Mitchell learned of shale’s potential from the Eastern Gas Shales Project, a partnership begun in 1976 between the Energy Department’s Morgantown Energy Research Center and dozens of companies and universities that sought to demonstrate natural gas recovery in shale formations and to map and test core samples from unconventional natural gas deposits. Starting in 1981, Mitchell’s geologists drew heavily on that research to guide their explorations.

Mitchell’s success depended on a revolution in monitoring and mapping technologies driven largely by government labs. The new technologies allowed geologists to more precisely map and understand shale formations. In 1991, Mitchell asked the publicly funded Gas Research Institute, then funded by a tax on gas production, and the Energy Department for help. Sandia National Labs provided Mitchell with many critical microseismic tools. Mitchell also benefited from 3-D imaging, which the Energy Department had long supported.

--

The Energy Department also pioneered better drill bits and air-based drilling, which better protected the gas assets of geological formations. And in 1991, the publicly funded Gas Research Institute recommended that Mitchell experiment with horizontal drilling and even subsidized his first horizontal well.

Ultimately, Mitchell and other gas developers’ decision to spend millions of dollars and nearly two decades pioneering techniques that few thought would result in commercially viable extraction is less quixotic than it might have appeared. The federal government generously subsidized drilling for non-conventional gas throughout the 1980s and 1990s, when oil and gas were cheap. While the rise in natural gas prices in the late 1990s sparked the shale gas revolution, it was the federal non-conventional gas tax credit that made Mitchell’s experimenting possible in the early years, when there was no market for more expensive shale gas.

Giving the federal government credit where it is due takes nothing away from Mitchell, who was determined and tenacious. But the lesson of the shale gas revolution is that we should not be so quick to judge government investments in energy technology. Between 1978 and 2007, the Energy Department spent $24 billion on fossil energy research. Billions more were spent through the Gas Research Institute and non-conventional gas tax credits. Those investments were widely panned as a failure during the ’80s and early ’90s, when gas was plentiful and cheap.

https://www.washingtonpost.com/opinions/a-boom-in-shale-gas-credit-the-feds/2011/12/07/gIQAecFIzO_story.html

List of countries by oil production - Wikipedia

en.wikipedia.org

In 2015, hydraulically fractured wells accounted for 67 percent of U.S. natural gas production and 51 percent of U.S. crude oil production

Fracking in the United States

Ballotpedia's encyclopedic coverage of fracking and energy policy in the United States. Ballotpedia: The Encyclopedia of American Politics

ballotpedia.org

 

[Far right dem]

Meh. Seems to me that it was looking pretty darn good until the Wuhan virus came around.
You know. Record low unemployment and record high labor participation, raising all boats.

Everything was fine until trump destroyed it. Btw the trump recession started in Feb 20 without a single lockdown

 

[Bullseye]

More Americans renounce citizenship | LinkedIn

Americans renouncing their U.S. citizenship in favor of a foreign country hit a record high last year, led by the "ultra-wealthy."

www.linkedin.com

Americans renouncing citizenship in favor of a foreign country hit a record high last year, increasing 237% from 2019.

Great! We don't need those dipshits anyway. Move to Burkina Faso!

 

[eohrnberger]

Everything was fine until trump destroyed it.

So is the politically and ideologically demanded narrative to my understanding.

Btw the trump recession started in Feb 20 without a single lockdown

Within the span of time of the pandemic. OK.

 

[RealityNow]

I don't disagree with what you're writing here, but if people are renouncing their citizenship due to minor increases in taxes, they are stupid and disloyal.



Tesla is now one of the world's most valuable companies, and they received significant government funding and help. They also received the same cash from the same program Solyndra received cash from.

Loan program that funded Solyndra finds success in Tesla and many others

Loan program that funded Solyndra finds success in Tesla and many others

www.mercurynews.com

Also, please research the history of silicon valley:

How the government built Silicon Valley

Silicon Valley has long been seen as the bread basket of commercial technology. But in this episode of our Project 38 podcast, author Margaret O'Mara describes how the federal government helped create that global technology engine and how its role continues today.

washingtontechnology.com

We triumph in the tech sphere today because of the direct intervention of the U.S. government into technology businesses decades ago.

You have been fed a PACK OF LIES about government.

Government can be good, and useful, and helpful.

We should use the government to help businesses when it makes sense and when it is practically useful.

All the people bitching and moaning about government funding, all those Republican business owners, they scream and cry about taxes, but then turn around like pigs in the ****ing trough and get all the government funding they can find.

It's standard Republican Madness... to Attack Something!!!! They attacked Covid Stimulus yet when it was passed by Democrats, Republican Politicians went back to their States boasting about the benefit to their states from Covid Stimulus, "which they voted against"!!!

Republican will do the same thing when the Biden Infrastructure Programs starts to produce jobs for the decades to come, and uplift the skill training and wage earning of the people across the nation. State with Republican Politicians, will be boasting about the performance of their states, when that money arrives, hopefully the people of those Republican states don't let Republican Politicians direct that money to their rich friends. What the people need to pay attention to, is the minute donation increase for Republican Politicians, it will indicate which rich friends they directed that infrastructure money to.

At some point Republican need to learn to stop attacking the Government and Abandon the delusion of Conservatism, it played out when Jim Crow was abolished, they have been trying to keep it alive by trying to deny programming to minorities, women and poor whites, that is all Conservatism has ever been about and trying to allow Big Corporation to ignore Regulations as they build toxicity into poor communities of poor whites and poor minorities. There is no other function that Conservative Ideology is about, it has always been based on "allowing the wealthy to fleece the people and circumvent regulations. while trying to deny any funding that can and will do anything for the people, their communities, their cities and their States.

Nothing Good has ever come out of Conservative Ideology.

 

[eohrnberger]

Don't you want to spend money on stuff that is useful and works? And stop spending money on stuff that is not useful and is wasteful?

Yes, I do. Problem is I figure around 1/2 the federal government is 'not useful and is wasteful', but I also realize that we appear to differ on this point.

How do you do that without looking at the data?

 

[eohrnberger]

Whooops. You shouldn't have pointed to this industry. This is a really bad example.

The example was chosen purposefully, as this industry always seems to be under attack from the green left, yet without it, so many useful products and materials we'd have to go without.

The government actually funded the research into fracking that lead to the technology we currently use that gives the U.S. a competitive edge in the industry.
The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government subsidies for research, demonstration, and production, a new Breakthrough Institute investigation finds. The lesson from the shale gas history is that government investment in innovation can, over time, commercialize and deploy technologies that make yesterday's less-efficient, dirtier, and more expensive technologies obsolete. The successes achieved by federal agencies partnering with private industry to design, demonstrate, and commercialize shale fracking should tell us something about the ongoing federal support for solar, wind, nuclear, and other zero-carbon energy technologies. Just as it did with personal computers, cell phones, jet turbines, and nuclear power, federal investment in innovation can lead the way towards American technological leadership, international economic competitiveness, and a cleaner energy future.

US Government Role in Shale Gas Fracking History: A Response to Our…

The technological revolution allowing for the cheap extraction of natural gas from shale occurred thanks to more than three decades of government…

thebreakthrough.org

Mitchell learned of shale’s potential from the Eastern Gas Shales Project, a partnership begun in 1976 between the Energy Department’s Morgantown Energy Research Center and dozens of companies and universities that sought to demonstrate natural gas recovery in shale formations and to map and test core samples from unconventional natural gas deposits. Starting in 1981, Mitchell’s geologists drew heavily on that research to guide their explorations.

Mitchell’s success depended on a revolution in monitoring and mapping technologies driven largely by government labs. The new technologies allowed geologists to more precisely map and understand shale formations. In 1991, Mitchell asked the publicly funded Gas Research Institute, then funded by a tax on gas production, and the Energy Department for help. Sandia National Labs provided Mitchell with many critical microseismic tools. Mitchell also benefited from 3-D imaging, which the Energy Department had long supported.

--

The Energy Department also pioneered better drill bits and air-based drilling, which better protected the gas assets of geological formations. And in 1991, the publicly funded Gas Research Institute recommended that Mitchell experiment with horizontal drilling and even subsidized his first horizontal well.

Ultimately, Mitchell and other gas developers’ decision to spend millions of dollars and nearly two decades pioneering techniques that few thought would result in commercially viable extraction is less quixotic than it might have appeared. The federal government generously subsidized drilling for non-conventional gas throughout the 1980s and 1990s, when oil and gas were cheap. While the rise in natural gas prices in the late 1990s sparked the shale gas revolution, it was the federal non-conventional gas tax credit that made Mitchell’s experimenting possible in the early years, when there was no market for more expensive shale gas.

Giving the federal government credit where it is due takes nothing away from Mitchell, who was determined and tenacious. But the lesson of the shale gas revolution is that we should not be so quick to judge government investments in energy technology. Between 1978 and 2007, the Energy Department spent $24 billion on fossil energy research. Billions more were spent through the Gas Research Institute and non-conventional gas tax credits. Those investments were widely panned as a failure during the ’80s and early ’90s, when gas was plentiful and cheap.

https://www.washingtonpost.com/opinions/a-boom-in-shale-gas-credit-the-feds/2011/12/07/gIQAecFIzO_story.html

List of countries by oil production - Wikipedia

en.wikipedia.org

In 2015, hydraulically fractured wells accounted for 67 percent of U.S. natural gas production and 51 percent of U.S. crude oil production

Fracking in the United States

Ballotpedia's encyclopedic coverage of fracking and energy policy in the United States. Ballotpedia: The Encyclopedia of American Politics

ballotpedia.org

Fracking is also attacked by the green left. I figure 'let them go without heating in winter. Perhaps they'll appreciate the natural gas from fracking more'.

 

[W_Heisenberg]

The example was chosen purposefully, as this industry always seems to be under attack from the green left, yet without it, so many useful products and materials we'd have to go without.

Fracking is also attacked by the green left. I figure 'let them go without heating in winter. Perhaps they'll appreciate the natural gas from fracking more'.

That isn't an argument I'm engaging in though.

This is what you wrote:

The reality is that the federal government is far too expensive for the benefits it provides. That it is not is rather hard to argue.

I am making the point that a big part of the reason why this industry is doing so well right now in the U.S. is that the U.S. government helped fund its development. That's the point I'm making.

But...thanks..I guess? For helping prove my point.

 

[eohrnberger]

That isn't an argument I'm engaging in though.

Fine.

This is what you wrote:



I am making the point that a big part of the reason why this industry is doing so well right now in the U.S. is that the U.S. government helped fund its development. That's the point I'm making.

But...thanks..I guess? For helping prove my point.

'a big part of the reason why this industry is doing so well right now in the U.S.' is because they are offering a product at a price point the market is willing to bear and have a working business model which can deliver that product at the price point.

The government involvement was how many years ago? Happened once, and ended when?

Many think, including some in government, that the government can dictate to the market, but that has already demonstrated itself as a foolish belief. It takes someone, or many someones, to come along and build a working business with a working business model at a price point the market is willing to bear.

Me thinks you place far too much credit with the government and far too little with the entrepreneurs operating in the relatively free market.

 

[W_Heisenberg]

'a big part of the reason why this industry is doing so well right now in the U.S.' is because they are offering a product at a price point the market is willing to bear and have a working business model which can deliver that product at the price point.

The government involvement was how many years ago? Happened once, and ended when?

Dude, I gave you a bunch of great material to read. The government's involvement was significant and lasted decades. For example: "Between 1978 and 2007, the Energy Department spent $24 billion on fossil energy research"

That's from the WaPo article above.

Many think, including some in government, that the government can dictate to the market, but that has already demonstrated itself as a foolish belief. It takes someone, or many someones, to come along and build a working business with a working business model at a price point the market is willing to bear.

You are talking about a completely different topic.

Me thinks you place far too much credit with the government and far too little with the entrepreneurs operating in the relatively free market.

I am not saying any such thing. The government can help businesses succeed. And we have one really great example in front of us of how government funding can help push an economy and an entire sector of the economy forward in positive ways.

 

[jpn]

Me thinks you place far too much credit with the government and far too little with the entrepreneurs operating in the relatively free market.

Liberals reliably give credit to private business, but add the important role government plays, at times, to facilitate free enterprise.
In contrast, conservatives just mindlessly villainize government. Simple minds can't deal with even moderate complexity.

 

[Bullseye]

Liberals reliably give credit to private business, but add the important role government plays, at times, to facilitate free enterprise.
In contrast, conservatives just mindlessly villainize government.

Yeah, ". . . you didn't build that!" proves your point, definitively.

 

[jpn]

Americans renouncing citizenship in favor of a foreign country hit a record high last year, increasing 237% from 2019.

Think this had anything to do with that?

 

[eohrnberger]

Liberals reliably give credit to private business, but add the important role government plays, at times, to facilitate free enterprise.

Shown so by the constant cries of 'They must pay their fair share!' (when the top income brackets are already shouldering some 45% of federal taxes?
Sorry, but color me as unconvinced.

In contrast, conservatives just mindlessly villainize government. Simple minds can't deal with even moderate complexity.

Ad hom. Disregarded.

 

[RealityNow]

Dude, I gave you a bunch of great material to read. The government's involvement was significant and lasted decades. For example: "Between 1978 and 2007, the Energy Department spent $24 billion on fossil energy research"

That's from the WaPo article above.



You are talking about a completely different topic.



I am not saying any such thing. The government can help businesses succeed. And we have one really great example in front of us of how government funding can help push an economy and an entire sector of the economy forward in positive ways.

What is with Republicans... It's like these type of white people will do anything to defeat America and American society of working class, all with their dumb ass agenda to think they can hold back and push down black people.
NOTHING in this country is going to prosper without being prosperous for EVERYONE.
White people need to get over that bullshit of wanting to be ahead of everyone else by any crooked and destructive means they can. They talk all that crap about they are so Religious and Believe in God...

• NO ONE can believe in God and work to push down and keep down other people. NO ONE can believe in God and attack anything and everything that God Gave Man the Ability to Create and Build.

It's God's gifts that is instilled in the people to learn, to gain knowledge, skills and to use that knowledge, skill and techniques and engage the labors to make things work to benefit all.

• SOME people got some delusion as if life is some race to see who can get the most money, and they are willing to do anything based on such a futile agenda.

Life is not about who can reach death with the most money!!!​

I've seen the ignorance of racism and the ravages that it is all about, and some of those same racist people, resulted to have kids that could not wait to get away from the environment of their parents and the racist environments they grew up in. SOME of those that had money, some had some of the worst kids imaginable, because they taught their kids not to respect those who had less. It's the same stupidity today, and it plays out even on school campuses, where "materialism" has made kids not even use the time in school the learn and appreciate the character and talents of each other.

I see even on a local level in City Councils, where Republican white people fight against everything until "things in the city just wither into despair". Community after community looses the economic modeling and the more they fight everything, the more things decline. And some move out to these cookie cutter communities, and everyone functions like they are in some Stepford Wives Script, and divorce rages through those communities like a wild fire. Because they never took time to learn each other, beyond .. what they could base their materialism self measure upon, until they simply loose the ability to relate as individuals.

Now they are hung up on Right Wing Politics, as if they think they can create some images of a 1950's made for TV fictional setting. Heck, I saw those setting in where some of those scripted movies were filmed on the Studio lots when I was a kid. None of it was real, it was props. People try to create that fiction but today, kids can't even play outside.... because people are so crazed. They get upset if a kid walks on their grass. Most people in a lot of these cookie cutter white right wing communities don't even know their neighbors anymore.

I've lived in some of those communities that are picture pretty, unfortunately, so many were so busy working trying to keep up the image, until no one had time to do anything but drive by each other with the windows rolled up... and shopping became a status obsession... swiping that plastic.. increasing that debt. All the while "still attacking anything they can find to attack if they think it will help and benefit society.

Many of them drive around "mind blind" lost in their bubble, and trying to attack society and make it fit into their small minded boxes. they can't even see the reality of the needs of this nation to fix and repair itself and rebuild a system where we as American people can produce more of what we consume.

 

[Jay59]

The difference is that Forrest Gump was not a malignantly narcissistic sociopath.

I notice you are agreeing with Trump was a successful President.

Meh. Seems to me that it was looking pretty darn good until the Wuhan virus came around. You know. Record low unemployment and record high labor participation, raising all boats.

Like that. Well received foreign policy, no new wars, increased trade, energy independence, getting control of the border, and more. Trump even provided the vaccine.

Trump was handed a bull market that last 12 years by obama. Trump gave biden a recession.

Check your facts. Biden was handed a thriving economy.

The last part of a long run is the hardest, as any athlete will tell you. Trump had to do it with rising interest rates, which Obama didn't.

 

[RealityNow]

Think this had anything to do with that?

View attachment 67346411

Trump told the people how little of respect he had for them, when he told them they were a bunch of fools, "when he said, he could shoot someone of 5th Ave and they'd still back him. (A phrase like that means nothing but how much of fools he saw his followers as being, who had no morality, no conscience, and no respect for humanity). He also told them, that he'd surround himself with nothing but wealthy and rich people, which again, told the people that he did not give a damn what working poor and poor people had to say. He showed that when he gave himself and other wealthy people a permanent tax break, and gave the masses a few dollars a day, that is slated to end in 2022 with a tax hike on the working class.
The only reason that tax hike on the average working class won't happen, is because Biden is working to not have any tax increase on the average working class citizen.
Trump told these followers that he was a mobster, when he attacked everything about America, American Governance, Communities and People. He created absolutely nothing for the working class!!! No improvement in education, not skill training, and fought against minimum wage hikes, and tried to force companies not to keep records on safety injuries so the people would not have records to support their claims of poor safety provisions if they became hurt an they would have nothing of records to use to fight for compensation for their injuries.
His cult never even understood these things.... they were/are blind with vain hope he would create a 1950's TV Imagery fictions of white nationalist society.

 

[Helix]

I notice you are agreeing with Trump was a successful President.


Like that. Well received foreign policy, no new wars, increased trade, energy independence, getting control of the border, and more. Trump even provided the vaccine.


Check your facts. Biden was handed a thriving economy.

The last part of a long run is the hardest, as any athlete will tell you. Trump had to do it with rising interest rates, which Obama didn't.

The mango mistake fomented an insurrection after losing an election. If he isn't determined by historians to be the worst president of all time, i have concerns for the future of our country.

 

[Puigb]

Axios warns the trend could be accelerated if the Biden administration's proposed tax measures are implemented.

and you think that is the reason for the ultra wealthy leaving?

So you admit GOP policies benefit the ultra wealthy?

 

[Puigb]

I don't know about that and plan on there being a new wave of Palin Derangement Syndrome if she runs for senate. God only knows what we'll see if she not only runs but beats Murkowski.

I always wondered what happened to Palin. She basically disappeared into oblivion after Donald Trump hi-jacked her style of politics, and rode it all the way to the presidency.