Industrial production: We’re DOOO …. oh, wait, it’s the global warming hoax
by New Deal democrat
Industrial production: We’re DOOO …. oh, wait, it’s the global warming hoax
At first blush yesterday’s negative industrial production print gives the lie to the proposition that the economy has left last year’s “shallow industrial recession” behind, as it looks to be going mainly sideways:
But a closer examination shows that is not the case. Industrial production is broken up into three groupings: manufacturing (by far the biggest), utilities, and mining (including oil and gas).
So here is the information for manufacturing (blue. left scale) and mining (red, right scale):
Although the trend is modest, manufacturing has broken out to new highs. And the energy patch is clearly seeing a rebound.
Which means that the *entire* reason for the decline is utilities:
Note this graph is seasonally adjusted. But whenever most of the country has an unusually warm winter — as is the case this year — it shows up as a decline in energy (i.e., heat) production.
So you can blame the downturn in industrial production on the Great Global Warming Hoax.
You will find that if you divide industrial production by the size of the population over time it’s been in continual decline And since it’s the size of the population that determines domestic production for domestic consumption and hence GDP, then there’s been less and less industrial production supporting the U.S. population.(since 1948 btw).
This simply means that industrial production productivity gains and international competition for ROI on capital has reduced industrial production required to support the U.S population. .. which also means GDP per capita has been declining as well as employment in the sector.
The Democrats are devastated by their recent lost elections. They will be even more devastated as we learn the details of their massive global warming fraud.
http://www.americanthinker.com/articles/2017/02/democrats_real_global_warming_fraud_revealed.html
The Left has demanded we pay proper attention to the science. Now it’s their turn.
LOL! Is “Sammy” the resurrected “CoRev?” He’s certainly doing the CoRev stupid climate change denial schtick.
Go away, Sammy. Your fake news americanstinker.com link convinces nobody. Go read Science, Nature, Proceedings of the National Academy of Sciences and other real, refereed journals, instead of right-wing propaganda.
“A story by David Rose of the British tabloid Daily Mail falsely alleged that researchers at the National Oceanic and Atmospheric Administration (NOAA) “manipulated global warming data” in order to “dupe” world leaders into agreeing to provisions of the 2015 Paris climate agreement. In reality, the NOAA report’s finding that there was no slowdown in the rate of global warming has since been independently verified by other experts, and it’s the Daily Mail story — and the GOP politicians and right-wing media outlets like Breitbart News championing it — that are distorting climate science to score political points.”
http://mediamatters.org/research/2017/02/07/bogus-daily-mail-story-spearheads-latest-right-wing-assault-climate-change-science/215257
Joel,
Do yourself a favor and, instead of ready DailyKos for your opinion, do some research. You will find that the AGW theory has failed massively. That way you won’t come off as such a wanker.
@Sammy,
Please point out the posts in which I’ve cited DailyKos. Take all the time you need.
Do yourself a favor and, instead of reading americanthinker.com for your opinion, do some research. You will find that AGW is still the consensus view of real scientists like myself. That way you won’t come off as such a wanker.
BTW, from your right-wing propaganda link:
“CERN’s lead author, Ken Carslaw, said in the CERN Courier (December 2016) that all the projections of the climate models should thus be revised downward.”
From the CERN press release:
“…However, it is premature to conclude that cosmic rays have a significant influence on climate until the additional nucleating vapours have been identified, their ion enhancement measured, and the ultimate effects on clouds have been confirmed.”
A new study suggests the effect of cosmic rays on cloud condensation nuclei is minimal;
http://www.atmos-chem-phys.org/11/4001/2011/acp-11-4001-2011.pdf
Joel,
Is that the best you’ve got? To parrot my comment back to me? Is there an original thought in your head?
Guess what? We are free.. Google “Global Warming Hoax” Make your own conclusions. We are no longer on Joels plantation.
Actually, you have ME to thank — I bought snow-chains for my truck! 😀