Lex on the economy

OK warning, I got a B in freshman economics at THE Ohio State University largely on the back of a generous curve.

To my mind we’re in slow a down with rising inflation and unemployment due to one thing, the cost of energy. Every good and service is directly affected by the price of gas. So, because it affects everything, BIG oil is different from BIG anything else. Take BIG movie. If BIG movie raises the cost of tickets and popcorn you can take your date to the roller dome – and probably have a better time. If BIG ice cream, raises its price you take junk food dollars over to BIG cookie to show ‘em a lesson. What ya do when gas costs over $3? You can’t even say I’ll just order a pizza to save gas money because the delivery charge and tip are going up.

President Bush had the answers yesterday. Drill in ANWR. Build refineries on old military bases. Build new nuclear plants and a safe storage facility for the nuclear waste. All of these answers have the added benefit of creating thousands upon thousands of great paying private sector jobs. Just the threat of opening ANWR would cause a significant drop in oil cost per barrel.

Don’t look for anything to happen. Barack – his middle name shall not be mentioned – Obama wants an energy program as well, but his consists of building windmill farms across America. Ask Texas how well that is working out for them this month.

John McCain has bought into the whole global warming hoax. Oh by the way, it’s the end of February and we got another 4” of global warming last night. There is now more snow cover in the northern hemisphere than anytime since 1960. And the temp cooling in THIS ONE YEAR has apparently wiped the warming that has taken place over the last 100. The cooling is attributed to…I kid you not…global warming. We were warned by the warming crowd that we’d see these “cooling swings.”

So nothing about the price of oil is going to be done until the economy is in a shambles and gas is over $5.

The dollar

The president says he’s for a strong dollar. I don’t believe it. I don’t even know how these things work, but someone is going to have to talk long and hard to convince me that the falling dollar is not the next step in NAFTA. I do believe that there are those interested in common Mex-Americ-anada Amero type currency. To accomplish that, the values of the currencies have to be somewhat similar. No proof other than NAFTA and open borders to back that theory up.

And if you take the conspiracy one step further may be why politicians are really not interested in the US becoming energy independent. Mexico will provide our energy until the dollar collapses. Then will supply the labor force to build the last great oil giant Mex-Americ-anda Oil in Alaska and off the coast of California.