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The Public Policy

Flower Power

That must be what Obama expects the economy to run on, after his planners get through with it.

(Page 4 of 4)

Just maintaining our economic growth and relative standard of living will require sharp increases in electricity production in future years. Under Obama’s flower power transformation, expect eventual periodic blackouts. Americans again will be forced to do without for regular periods — without all those desktops, laptops, cell phones, flat screen TVs, even modern appliances. Another decline in the standard of living.

Obama promises as well that his central planners will lead us to a new age of conservation through government imposed energy efficiency standards on all of our buildings, homes, appliances, and consumer technologies. But if those efficiency standards were worthwhile, if they produced savings to compensate for costs, without sacrificing qualities consumers desired, consumers would choose them on their own. The government would not need to impose them.

Check out the government mandates on the water levels for new toilets. More declines in the standard of living.

The love affair of Obama and his flower children with biofuels will lead to further increases in food prices. This will affect not only the price of corn and tortillas, but the price of grain feed for cattle, and so the price of meat as well. Americans will not even be able to enjoy their hamburgers without more suffering imposed by Obama. Less meat, lower living standard again.

Eventually the American people will suffer enough under Obama and his central planners that they will vote the whole lot of them out of office in an overwhelming landslide. Free markets will then be restored in energy, and prosperity will eventually be restored.

But how much will the American people have to suffer before that happens?

Page: ‹ First   2 34

topics:
Taxes, Barack Obama, Business, Environment, NATO, Energy, Oil

About the Author

Peter Ferrara is Director of Entitlement and Budget Policy at the Heartland Institute, General Counsel of the American Civil Rights Union, Senior Fellow at the National Center for Policy Analysis, and Senior Policy Advisor on Entitlements and Budget Policy at the National Tax Limitation Foundation. He served in the White House Office of Policy Development under President Reagan, and as Associate Deputy Attorney General of the United States under President George H.W. Bush.

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