The cheaper global energy available now is largely due to increased US shale oil and gas production.

Well

http://www.personal-view.com/talks/discussion/15618/us-issues-with-shale-oil-and-gas-in-charts#Item_1

after this you can read any analytics opinion about finance situation in shale oil companies (can also check unemployment in states related to them).

More energy exports from the US and fewer imports from abroad mean lower trade deficits over the long term here, which would be a net positive for ANY economy.

Well, no. It is opposite. As now you trade free to make database entries for resources. smart people and goods. Giving this up won't make your life better, it will make it much worse.

Let me explain, you hope to see something ala Roosevelt times. Times when capitalism fought for survival trying anything from big projects in US (without major success until war) to fascism in Europe. And, as I said times not going back. Not only this, but capitalism do not have strong enemy yet, so ability to individual class members to unite for survival are low.

By your measure we should not have achieved any growth since the 1950's. Also, there is no shortage of coal in the US. It will experience a solid resurgence when certain EPA rules are reversed on January 21st. We have more than half of the entire world's proven reserves under our feet. We also have tremendous shale reserves that are decreasing in production cost all the time.

And it is just mix of strange statements like "we should not have achieved any growth since the 1950's" taken directly from your own head. Go and get some education, even this same blog will do, about energy situation in 20th century and up.

You also have your own model and emotions clouding normal and formal arguments.

I wrote - "more and cheaper energy around, available now". No one actually knows if US coal reserves will be minable (and even if most of them exist at all), and you need to replace huge amount of Chinese coal that goes into production of goods. Go and open coal world production statistics. You just do not understand that you talk about.

Americans have a lot more potential than you give us credit for. I think we'll manage 4-5% growth within 24 months. The real challenge will be keeping inflation in check so that returns are actually realized. 5% growth at 4% inflation is not a "win" in my playbook unless wages are increasing at a faster pace.

I am not talking about Americans, as I am sure that they have huge potential. I am telling about simple rules of capitalism that fuck all this potential and won't allow to make it into reality.

Your talk about GDP growth also does not meaning anything, as you can make 10% growth and make people live worse.

I already told you plain and clear. System works the way it works. The longer you will remain into fantasy land the bigger pain it will be as soon as Trump start "servicing your account" (c) GC. Remember to get tube of Vaseline and, please, allow me to call you "glass-half-empty kind of guy" as you come here in tears.

You're right, it's all about competition. Once regulations and tax policy become competitive again we will reverse the flow of jobs and begin to recapitalize. Around the reinvestment stage you're going to see something really special happen.

Most horrible in your words is that you do not understand that you wish. I mean totally.

As taxes and regulations will "become competitive" so will become your salaries, your home and everything around you. And you really will run here with many curse words and looking around for Trump replacements.

In your dreams you have some patriotic capitalists, in reality where is none.

The only way capitalists will move production back is they need to meet all this things:

• More and cheaper energy around, available now. And this means coal. US not competitive here.
• More and cheaper basic resources around, available now. Thius means huge nature impact and presense of such resources. US lacks many of resources and in colonies they are located very far.
• Very compact placement of industry zones build on tax money, all near ocean. US not competitive here, logistics too expensive for any complex product.
• Cheap fast rail transport. US not competitive.
• Lot of young people eager for hard work and learn. Especially they love illegal immigrants.
• Smaller salary (around 3x-5x reduction of current minimum wage is best you can dream).

And I can add to this list another 10 points at least.

In reality, as I said, horror is that you can only get opposite things that you imagine in dreams.

Remember that before the election the "media" and political pundits told you Trump could never save any jobs. Not possible. Well, he's doing it right now and he hasn't even been inaugurated yet.

I laughed so loud.. :-)

I understand the inner wish to make time going backwards and while keeping capitalism in full scale to restrict global competition. Unfortunately it won't work. It is same as drunk dream of Austrians to going back to early days of capitalism.

Okay ;)

Please check in with me every 3 months and let me know if your economic condition improves or declines under Trump. Last 8 years have been best of my life so far - coming from being flat dead broke in 2007-2008.

@Vitaliy_Kiselev

Spot-on story.

I wish we would use some of that critical thinking so we don't end up in those groups, in your story, running in circles.

For this it is best idea to stop caring about thing made as part of show. Very entertaining show may be. But it is time to rise to another level.

Trump is going to be president keep your eyes and mind open to all sides these four years.

Especially protect your rear side :-)

@LukeV

Well, who cares?

Situation is as follows - two rich guys liked same pretty poor girl, and each of them time to time fucked her. But such sharing approach became inconvenient for them, as their plan was to tell her about family and wedding and fuck her all two week during travel to Malibu and finally dump her afterwards. But they could not agree who of them will be implementing this plan. So, they made a bet and went to big group of people nearby. They told them that they are two hard working people who both love the girl and both care for her so much that want to marry her. Each of them also told few fairy tales about their life, as part of ritual.
Long story short - they made each of this people to vote and promised that they comply with result. So, after honest voting and making some necessary voting adjustments it was decided that bigger blonde guy is chosen one. Both rich guys left our amazed group of people fast, blonde went to implement his old plan of fucking and dumping, and smaller and more bitchy one just remembered that girl also had smaller sister and he could convince her to fuck, may be it'll require use of some force, but who cares.
And at this time amazing thing happened with this big group of poor people who voted - one group shouted that it was god way and another group went in circles and cried, from time to time they shouted something about horrible error and that girl certainly deserved more and must go with smaller one.
And even more amazing thing - both of this parts though that they did something important in their life.

@ Tron You wrote, The lawsuits don't really bother me because at least the facts of the case become a part of the public record for anyone to review and scrutinize. Really? Does truth bother you.

@bannedindv Politifact is owned by Hillary supporters. Case in point: Trump & Bernie say almost exactly the same thing about black unemployment. Guess which one they call a liar?

http://www.politifact.com/truth-o-meter/statements/2015/jul/13/bernie-s/bernie-sanders-says-real-unemployment-rate-african/

http://www.politifact.com/virginia/statements/2016/jun/20/donald-trump/trump-misleadingly-puts-black-youth-unemployment-r/

Trump here can be needed to knock down some paint and turn gun directly towards your face, so all the dreams about this old rusty tank being new model of Tesla will vanish :-)

Haha, love your analogies :)

You mean that next time you vote for another guy, not him? To make this cycle endless?

I won't know for 4 years. I do prefer the endless cycle of change. Dictators and monarchs cramp my style.