Priorities

I spotted this quote by Tom Friedman on Daily Dish:

China is doing moon shots. Yes, that’s plural. When I say “moon shots” I mean big, multibillion-dollar, 25-year-horizon, game-changing investments. China has at least four going now: one is building a network of ultramodern airports; another is building a web of high-speed trains connecting major cities; a third is in bioscience...; and, finally, Beijing just announced that it was providing $15 billion in seed money for the country’s leading auto and battery companies to create an electric car industry... Not to worry. America today also has its own multibillion-dollar, 25-year-horizon, game-changing moon shot: fixing Afghanistan.
The story doesn't end with this helpful and insightful quote. Perhaps, the above quote is an attempt by Friedman to attempt to redeem himself for his pro-war rhetoric from prior years. He has himself to thank for the fact that the U.S. warmongering mentality has caused us to fall so far behind China. And we continue to fall behind China because we can't wake up from our nightmare in which relatively few people armed with unsophisticated weapons such as box-cutters are deemed more dangerous than the Soviet Union at its height, armed with thousands of nuclear warheads. Thus, we will continue to spend more than half of our federal tax revenue on military pursuits. Our exuberant and delusional warmongering is killing our economy and our future.

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Friedman: It’s time for a gas tax, but we don’t have the guts.

According to Thomas Friedman's recent op-ed in the NYT, given that oil prices are way down compared to last year, it's time for a gas tax, but we don't have the guts. We don't have the guts to make hard decisions like France and Denmark, which have both dramatically reduced their dependency on petroleum. Further, a gas tax would also generate much-needed revenue.

Such a tax would make our economy healthier by reducing the deficit, by stimulating the renewable energy industry, by strengthening the dollar through shrinking oil imports and by helping to shift the burden of health care away from business to government so our companies can compete better globally. Such a tax would make our population healthier by expanding health care and reducing emissions. Such a tax would make our national-security healthier by shrinking our dependence on oil from countries that have drawn a bull’s-eye on our backs and by increasing our leverage over petro-dictators, like those in Iran, Russia and Venezuela, through shrinking their oil incomes.

Continue ReadingFriedman: It’s time for a gas tax, but we don’t have the guts.