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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (131407)2/3/2001 8:41:03 PM
From: tejek  Read Replies (3) of 1571186
 
MEOW was Carter's "Moral Equivalent of War". It was a national effort to reduce energy consumption (actually started under Nixon.)

Sounds like a good exercise - in futility. The market will take care of the reduction of energy consumption, when the prices go high, but it will bring the economy down, until the economy can absorb the new prices.

Joe,

How very stupid.....if we learned to conserve effectively and not let the energy market dictate the state of the economy. we would not have to go down.

If CA were an independent nation, it would have the 6th [up from 8th in 1990] largest GDP in the world. That state has the power to tip us into recession for sure.

ted
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