and you thought our side was bad
Look, I get in over my head sometimes with the economics, even right out here in front of you guys, no doubt, but what follows is a remarkably shallow pool to drown in. Mark Steyn at The Corner on National Review Online, instructs his readers why using less gas won’t “hurt the Saudis”:
Well, you can say it all you want but people will just laugh at you. Americans will never accept that the way to make the world better is to drive smaller, less comfortable cars. And, besides, the premise is completely false: If you trade in the Expedition for a Honda Civic, that oil you save won’t stay in the ground and thus impoverish the Saudis; it will merely be sold to the Chinese and Indians and other fast developing nations who will replace America and Europe as buyers of the cheapest and most easily extractable oil in the world. So the sheikhs will be as rich as ever and funding as many Islamist nutters. But we’ll be driving worse cars and feeling virtuous.
Aren’t these guys all about market pricing as the One True Way, the answer to every ill? What do they think they mean when they talk about it?
(via Yglesias, who reads it so we don’t have to…)
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