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Are you willing to go through a depression for the sake of fighting climate change?Posted by Deuce Geary on November 3rd, 2008
About a month ago, I wrote about whether an economic depression might actually be good for us in the log run. I don’t think that was too wacky a thought to have, because I made clear I was not rooting for a depression, only considering what benefit might be gleaned from such a hardship if it occurs. Today at Ace’s, Kat-Mo makes the case that Barack Obama seems virtually certain to cause great economic hardship through his plans to cause energy costs to skyrocket. It’s a long-ish post, but here’s the philosophical (as opposed to economic) part:
I don’t think I’m guilty of that romanticization. What I hold in esteem about that era is not that it gave people the opportunity to exhibit great character. I hold in esteem those people who learned great lessons from it. I agree with Kat-Mo that a repeat would be a tragedy. Even someone hoping for a depression because they think it would be good for the country in the long run, however, are on a better moral footing than Obama, who wants to impose this in the name of fighting climate change:
November 3rd, 2008 | Posted in: Barack Obama, Climate Change, Leftist Hysteria, The Economy |
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