In case you haven’t heard, Biden is big on the fight against “climate change”. It’s everywhere in the earlier “bipartisan infrastructure bill”, the Build Back Better monstrosity, new EPA edicts, and in the travels of Biden’s roving climate change ambassador, John Kerry. We’re doing this as governmental Covid-panic bludgeoned the economy and the fed unleashed trillions of new dollars – 50% increase in two years – at a time when the economy registered only a 6-7% expansion. Something has got to give, and I think it’ll be our personal fortunes.
It’s a perfect storm, in the words of the economist Edwin T. Burton. You see, we need a leap in economic growth to absorb the tidal wave of new money. Don’t expect it from a greenie economy. A Greta Thunberg economy doesn’t work any better than a socialist one. On second thought, is there a difference?
Central planning, common to both, whether to eliminate differences in wealth or fit the fantasies of Earth First (and our 16-year-old sage), replaces the decisions of millions of free individuals with the commands of a few autocrats. Right now, as inflation is about ready to rage through the economy, these autocrats are working to cripple the economic lives of millions with expensive and unreliable greenie energy while at the same time they are trying to strip our freedom of movement in their war on fossil fuels and the internal combustion engine. Supply chain disruptions aren’t the only misery that awaits us.
As President Obama was famous for saying when confronting congressional Republicans, elections have consequences. Yes, they do. This time around, we replaced mean tweets and insults at rallies with a basket of lunacies.
The whole situation reminds me of the Jeff Bridges character in the movie “Airplane”. We picked the wrong time to fight climate change while our practical lives are teetering at the edge of an abyss.
Watch the clip below. It’s a hoot, and also a bit more frightening if we realize that sniffing glue is not that much different from an enthusiasm for the Green New Deal: escapes from reality.
RogerG