gordon.coale
 
Home
 


Weblog Archives

   
 
  Wednesday  February 1  2006    02: 22 PM

oil, surburbs, and peckerheads

Two Peckerheads


I'm fond of saying that I'm allergic to conspiracy theories. Behind our country's dismaying governance, cluelessness really rules, not plotting or scheming. Take, for example, these astounding remarks made Friday by former US Secretary of Labor Robert Reich on NPR's "Marketplace" show:

"As China grows -- at the current rate it's growing, in twenty or thirty years -- and becomes the number one largest economy in the world, I think China may become our nemesis."

One would think that Mr. Reich is a pretty smart guy -- former Rhodes Scholar (same class as Bill Clinton), Harvard faculty, cabinet secretary. Now, why on earth would Mr. Reich believe that China can possibly keep behaving the way it does for another two or three decades? China faces energy starvation along with the rest of the world. China has less oil left than the United States (and the US would have roughly four years worth of oil if we were deprived of imports -- 26 billion barrels used at the rate of 7 billion a year).

[more]