Outdoor Recreation Beats Big Oil in Growing the U.S. Economy


Click to enlarge

❝ Spending on outdoor recreation outpaced Big Oil’s contribution to the U.S. economy according to federal statistics released Thursday, prompting critics to renew their attacks on Trump administration policies of ramping up oil and gas leases on or near public lands.

Outdoor recreation economy accounted for 2.2 percent of GDP at $412 billion in 2016, statistics released Thursday by the U.S. Bureau of Economic Activity indicate. The oil and gas industry meanwhile accounted for $162 billion in economic activity the same year, or 0.9 percent of GDP.

❝ The data – representing the first time the bureau has compiled detailed economic information on outdoor recreation – give ammunition to critics of the Trump administration’s industry-friendly approach to public lands.

Real economic growth doesn’t matter a jot to our Fake President. What is accomplished on behalf of the brokers who own the Republican Party decides the policies of someone who is consistently bought-and-sold to the highest bidder this side of the Moscow Exchange.

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 )

Google+ photo

You are commenting using your Google+ 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 )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.