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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (79171)	8/29/2006 8:07:15 PM
From: TimF	Read Replies (1) \| Respond to of 81568

What makes you think that the majority of the people in this country depend on oil for their livelihoods? I expect such simplistic responses from some people here, but I'm surprised to see one from you. What makes you think that the majority of the people in this country depend on oil for their livelihoods? At least indirectly and to a certain extent we all depend on oil. The damage would not be primarily to the oil industry. Sure they would be slammed, but you would probably get as many new jobs (sometimes even in the same companies) with new energy sources. The damage is the massive cost and economic disruption that such a sudden gigantic transition would cost. If you try to drop oil imports in say 10 years and use no oil for power at all in say 30, you reduce the amount of energy we can use and the amount of wealth that can be created. At the same time you have to invest trillions in a rushed efforts to bring other sources on line. If instead you let the transition occur at a reasonable pace and happen mostly due to market force you don't face such a traumatic transition.