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View Diary: Why Repeat 1938? (7 comments)

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  •  FDR didn't have real world experiment (0+ / 0-)

    in the power of Keynesian economics to reference either.  

    Oil speculators would lose much of their power if alternative/renewal energy projects had begun two years ago.  With the fervor that this country ramped up and responded to the Japanese and Germans after Pearl Harbor.  If the lazy ass Americans were informed that this is a national emergency and cutting oil consumption was a patriotic duty.  All we got was "drill, baby, drill" in the US v. "technology will rescue us someday, and until then our wars for oil must continue."

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