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I think this is the beginnings of an economy based on perpetual growth and fossil fuel energy running headlong into geological energy constraints. Basically I see an undulatory downward path for the rest of my life. From here out, I think any rallies in our economic condition are going to be met with spiking commodity prices that knock us right back down.

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Time is right to raise taxes on gasoline
Public Policy; Political and Legal NewsGRAND RAPIDS -- While motorists celebrate lower gas prices, a former U.S. Department of Energy official sees an opportunity: Raise fuel taxes to help end America's dependence on foreign oil.

"Unfortunately, it's high prices that cause people to be careful about energy use," said Jay Hakes, who lived in Grand Rapids as a child and is director of the Jimmy Carter Presidential Library and Museum in Atlanta.


Hakes will speak three places locally Thursday and Friday about his first book, "A Declaration of Energy Independence: The American Presidency and the Energy Crisis in the 21st Century."

Among his seven recommendations for regaining independence: a tax on fuel and rebates to all Americans, including those who don't drive.

The Grand Rapids Press

Posted on Monday, October 13 @ 14:02:59 PDT by Leanan
 
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ARE We Out of Gas Yet?

 
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