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  • Paul Krugman + Al Gore = The Way Forward [View article]
    I'll pose the same question again since it hasn't yet been answered.

    Let's put the issues of global warming and who may or may not be a socialist aside for now.

    How is it wrong to use the fiscal stimulus which nearly every economist believes we need to modernize our energy infrastructure, especially when the benefits will be more jobs, less pollution, a reduced current account deficit, less dependence on foreign oil and a better strategic position?
    Nov 12 14:26 pm |Rating: 0 0 |Link to Comment
  • Paul Krugman + Al Gore = The Way Forward [View article]
    Let's remove the argument regarding global warming for a minute and make this strictly an economic and strategic argument.

    There's no question that our energy infrastructure needs to be made more efficient, and there's no question that it's strategically dangerous for the U.S. to continuously send billions to governments which are not our friends (run huge current account deficits).

    There's also no question that the economy will require a major stimulus package going forward.

    If we can improve our energy infrastructure while at the same time we improve our current account and strategic positions, how is that bad?

    Where else would you want the stimulus to go to?

    What alternatives do you propose that will accomplish all three objectives?
    Nov 12 10:24 am |Rating: +1 0 |Link to Comment
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