The Keystone Pipeline vs. Payroll Tax

The strange deal in current congressional legislation is the right will agree to the payroll tax exemption extension if the left will agree with the Keystone XL pipeline.

Granted that both the payroll tax exemption and Keystone XL pipeline expansion will create jobs.
The question is at what cost?

The payroll tax exemption will put money in middle class people’s pockets; presumably money they would spend and help boost the consumption economy.  The cost is that once the economy recovers the payroll tax losses would have to be made up.

The Keystone XL pipeline would  provide construction jobs, engineering  jobs, administrative jobs, manufacturing jobs, and all of the spin-off jobs from the project (e.g., feeding and housing the construction workers).  The costs look only to be environmental.  The proposed pipeline runs along the Ogallala  Aquifer.  This aquifer is one of the most vast in the world.  It runs through eight states:  South Dakota, Nebraska, Wyoming, Colorado, Kansas, Oklahoma, New Mexico and Texas.  It not only provides drinking water for people and livestock, it helps irrigate America’s breadbasket.  It’s a relatively shallow aquifer.  And the pipeline runs through seismic areas.

Pollution of the Ogallala Aquifer with synthetic crude from the Keystone pipeline would impact millions of Americans for God-only-knows how many years.

Advertisements

17 Comments

Filed under Uncategorized

17 responses to “The Keystone Pipeline vs. Payroll Tax

  1. TempeBev

    Thought I red that it won’t pass the sente & the prez will veto it. They.can’t agree on anything. Saw that the repugs in CA won’t tax the rich enough the state is cutting back on most everything and the state is broke. It will be an interesting election.

  2. Dooty

    kinda off the thread, but if living in a land that Dr Ron Paul envisions is your cup of tea, then you need to look to Somalia as your country to compare.

  3. Dog's Eye View

    I get so tired of the hostage-taking.

    If memory serves, the Democrats won — big — in 2008. You would never know it.

    Sick of the tyranny of the minority.

  4. Christopher Hitchens dies at 62 after suffering cancer
    http://www.bbc.co.uk/news/uk-16212418

  5. Dog's Eye View

    They’re on their third Scotch.

    The Lord takes his neat. Johnny Walker Black, at a minimum.

  6. Pipelines already run across the aquifer, that seems like a none issue to me. I don’t think Obama should make the pipeline a deal killer.

  7. Dog's Eye View

    Here’s a smile in a link.

    http://www2.timesdispatch.com/news/news/2011/dec/18/tdmain01-a-healthy-look-at-food-ar-1551947/

    PS: hello to Bruce and other BCers.

    How is Christmas is next week treating you?

  8. TempeBev

    Kim Jong Il has died.

  9. Breaking News Alert
    The New York Times
    Sunday, December 18, 2011 — 10:32 PM EST
    —–

    Kim Jong-il, Leader of North Korea, Is Dead

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s