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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (138379)	7/30/2001 6:04:10 PM
From: TimF	Respond to of 1583681

Expect the best, plan for the worst. I'm not a big fan of central government planning of our economy. When it has been tried it usually has had bad results both in economic terms and in terms of lost freedom. If you are talking about individuals and companies making contingicy plans for how they would respond to more expensive oil, then I'm all for it if thats what they want to do. There is no one on this planet that can predict how oil prices will be in the future nor can it be predicted that they will risely slowly. Since they can't be predicted I would be against laws being imposed now against the possibility of price changes in the future. They may indeed rise quickly, if that happens then the economy will be hurt, but the market will adjust more smoothly and efficently then then a government plan could. If they will do at higher prices, why can't we encourage to be done now when it will benefit us most? The reason why people will conserve more when prices are higher is because that it when it has the most benefit. With oil supply more available and thus with lower prices conservation will not have as great of benefit, although in many cases it can still make sense. I have no problem with people or companies conserving energy, I just don't want the government trying to force them to do so. "If changes happen slowly then oil prices 2 or 3 times the current level will not leave our economic system in taters. If changes happen over night then government conservation programs and subsidized research in to alternates to oil will not prevent our economy from tanking." Why not? Because a sudden tripling in price of anything that is so important to our economy will have an enormous effect. Why and how would a government program effectively insulate the economy from an overnight doubleing or tripling of oil prices? Tim