{"id":109545,"date":"2015-09-15T14:46:40","date_gmt":"2015-09-15T20:46:40","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/bidens-comments-on-reshoring-businesses-misses-the-boat\/"},"modified":"2015-09-15T14:46:40","modified_gmt":"2015-09-15T20:46:40","slug":"bidens-comments-on-reshoring-businesses-misses-the-boat","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/bidens-comments-on-reshoring-businesses-misses-the-boat\/","title":{"rendered":"Biden&#8217;s comments on reshoring businesses misses the boat"},"content":{"rendered":"\n<p>Actually, the survey found that 54 percent expressed \u201can interest\u201d in bringing business back to the U.S., but only 24 percent already have begun returning or plan to do so in the next two years. Biden also used outdated, and inflated, figures when making a point about cheaper natural gas in the U.S. acting as an incentive for reshoring, saying that natural gas in the U.S. is \u201cthree to five times cheaper\u201d than in Europe and \u201cfive to seven times cheaper\u201d than it is in Asia. Those figures were accurate in 2012, but a dramatic drop in the price of natural gas overseas has significantly cut those ratios to slightly more than double for Europe and triple for Asia.<\/p>\n<p>Bush, Warren and Trump\u2019s common tie<\/p>\n<p>Jeb Bush mocked Donald Trump by saying liberal Sen. Elizabeth Warren supports Trump\u2019s \u201ctax plan.\u201d Warren simply praised Trump\u2019s call to raise taxes on hedge fund managers. Bush\u2019s own tax plan calls for that very same thing. Warren\u2019s praise was limited to Trump\u2019s stated support for taxing profits made by hedge fund managers as ordinary income. And ironically, that\u2019s one issue on which Warren, Trump and Bush seem to agree. As the lead of a Sept. 10 story in the New York Times put it: \u201cWhat do Jeb Bush, Elizabeth Warren and Donald J. Trump have in common? They would like to raise taxes on \u2018the hedge fund guys\u2019.\u201d<\/p>\n<p>Palin gets stuck on a happy glacier<\/p>\n<p>Sarah Palin says man isn\u2019t to blame for climate change, citing the fact that some glaciers in Alaska are expanding. But an individual glacier\u2019s growth does not disprove the existence or causes of global warming. In fact, the vast majority of glaciers in Alaska and around the world are losing ice rapidly. Alaska\u2019s glaciers are losing 75 gigatons of ice every year. A gigaton is equal to a billion tons of ice. Regional variations in precipitation patterns may cause some glaciers to grow, but most glaciers around the world are losing ice as the climate warms. Palin may not blame climate change on humans, but science does: 97% of climate scientists agree the use of fossil fuels are responsible for global warming and resultant climate change. Palin\u2019s claim that some glaciers are growing in Alaska is true, but this isn\u2019t a reason to question human-caused climate change. Regional variations in precipitation patterns may cause some glaciers to grow, but most glaciers around the world are losing ice as the climate warms. Palin is \u201ccherry picking\u201d a few glaciers to make a point.<\/p>\n<p>Democrats get aboard tax train again<\/p>\n<p>The  claim that Republicans have \u201csupported tax breaks for companies that shipped jobs overseas, instead of protecting jobs\u201d has been a staple of Democratic attack ads for more than a decade. But there\u2019s little substance to it. The tax code is only a minor factor in the decisions of U.S. companies to locate employment in other countries. Those decisions are made mainly to take advantage of lower wages, and to locate production close to foreign customers. Furthermore \u2013 contrary to widely held perceptions \u2013 even some Democratic economists say such \u201coffshoring\u201d accounts for just a small fraction of the many millions of jobs that are lost each year. Christian Weller of the Center for American Progress  conceded in 2004 that \u201coffshoring accounts for a relatively small portion of U.S. unemployment.\u201d<\/p>\n<p>Chip Tuthill is a longtime resident of Mancos. Website usedL www.factcheck.org.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Actually, the survey found that 54 percent expressed \u201can interest\u201d in bringing business back to the U.S., but only 24 percent already have begun returning or plan to do so in the next two years. Biden also used outdated, and inflated, figures when making a point about cheaper natural gas in the U.S. acting as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6367],"tags":[],"naviga_topic":[],"class_list":["post-109545","post","type-post","status-publish","format-standard","hentry","category-mt-columnists"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/109545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=109545"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/109545\/revisions"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=109545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=109545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=109545"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=109545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}