Monday, 30 March 2009

What's a poor boy to do ?

...The election of Barack Obama sent green hearts fluttering last November, but it will all end in tears...
...his commitments to economic recovery and carbon reduction—to bringing the country out of recession while also reducing U.S. greenhouse emissions to seventeen per cent of their 2005 level by 2050—don’t pull in the same direction. Creating “green jobs,” a key component of the agenda, is different from creating new jobs, since green jobs, if they’re truly green, displace non-green jobs—wind-turbine mechanics instead of oil-rig roughnecks—probably a zero-sum game, as far as employment is concerned. The ultimate success or failure of Obama’s program, and of the measures that will be introduced in Copenhagen this year, will depend on our willingness, once the global economy is no longer teetering, to accept policies that will seem to be nudging us back toward the abyss...more, from The New Yorker, here...
...and the policies that "will be seen to be nudging back(wards) "will be roundly rejected, as scientific uncertainties, and public scorn and disdain grow...
...and Quote of the Day, (in answer to the question;) What will you be doing for Earth Hour ?
" I will be thinking about the 1.8 billion people on Earth who have no access to electricity, and how insane they must think we are."

3 comments:

MK said...

It has to end in tears, it's only logical, no matter how much good will and support obama gets/garners, it can only end in tears because the moron is trying to get a nation out of debt by going further into debt and to top it all off, screwing over the engine of wealth creation, the middle class.

What's amazing is that people in this day and age cannot see this.

Ayrdale said...

My guess is that it will end in a colossal battle between forces of the left, and discrediting of the left wing for several elections...not just in the USA, but everywhere where huge debt accumulation is the norm (Oz included, and perhaps NZ.)

KG said...

"What's amazing is that people in this day and age cannot see this."
They can't see it because they're largely ignorant about economics and history. To leftards, whatever feels good must be the truth.