Quote:
Originally Posted by evilnewbie
We need independence from all oil... not just foreign but also domestic.
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Okay, let's elect Obama-khan or my favorite idiot,
Doctor Ron Paul so we can eliminate dependence on foreign oil.
Lot's of guys at ports will be laid off. So will many maintenance personnel.
About 16 refineries will close because they do nothing but refine imported light oil for petro-chemical products and produce no gasoline.
Several thousand tanker truck drivers will be out of a job, since there won't be any petro-chemicals to transport.
Wild Flavors and Givaudan will have to close their plants and lay off workers.
More truck drivers will be laid off or suffer reduced incomes.
Pierre's Frozen Foods and other frozen food plants around the US will be closing and those that do not will have massive lay-offs. They use artificial colorings and flavorings made by Wild Flavors and Givuadan which is made EXCLUSIVELY from imported light oil.
Numerous other food plants, namely those that rely on artificial colorings and flavorings (like potato chips and all ready-to-eat or microwavable foods) will close or lay off employees.
Ice cream plants like Ben & Jerry's, Graeter's, 32 Flavors and so on will be forced to close or scale back operations.
More truck drivers will be laid off or suffer reduced incomes.
Grocery stores will cut back hours and lay off employees, since they are about 3,000 food items they are no longer stocking, because those food items contain artificial colors and flavors made EXCLUSIVELY from light oil imported from the Middle East.
Cosmetics manufacturers, like Avon and Maybellene and the others will be forced to close plants or scale back operations. Without the petro-chemicals made EXCLUSIVELY from light oil imported from the Middle East, they will have to reduce the number of colors offered for lipstick and eye shadow, and they will have to discontinue numerous styles, like frosted, and semi-frosted and glossy and the kind that stays on even when swimming or performing fellatio.
Proctor & Gamble will have to lay off about 30,000 employees because it will no longer be able to produce many of its products, especially shampoos and soaps containing xylene and xylene derivatives, made EXCLUSIVELY from imported light oil.
Altogether, about 12 Million American jobs will be lost directly due to light oil imported from abroad.
Now, for the collateral damage assessment.
You'd be looking at massive job losses in other sectors of the economy. Restaurant and Retail is dependent on sales volume and without it, they cut back hours or lay off.
The loss of tax income to the states, counties and cities from the companies as well as the now-former employees will have devastating effects. The states will be paying out unemployment benefits while simultaneously losing income and sales tax revenues and result in cutbacks of services, reduced office hours and laying off state, county and city employees (which is what we say during the Carter mini-Depression).
About 54% to 61% of families live paycheck to paycheck (according to which of the studies you cite) and in two-wage earner families that will be horrendous. Not only would foreclosures increase, but so would evictions.
The loss of sales will force many manufacturing and service companies to halt over-time, negatively impacting many people, or lay-off employees.
About 36 Million Americans would lose their jobs or suffer severe cuts in income due to reduced hours.
The damage would eventually affect about 50 Million Americans altogether.
What would be beautiful would be if GM and Ford had just introduced a line of hybrid cars and here's 50 Million Americans who can do nothing but look at them, since they have no money to take on new debt and buy one. That would probably cause their collapse. Ohhhh, I'm getting aroused. Never mind.
Okay, well, I'm now convinced that McCain is the wrong person to vote for.
I'll have to decide between Obama and Ron Paul to see which one can effectively destroy the US economy faster with their stupid policy of independence from foreign oil.
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