Wayne Alderman's Blog (4)

Economic Paradigms...then and now

April 18 1977 then President Jimmy Carter stated in his speech to the nation on the energy crisis; “Our decision about energy will test the character of the American people and the ability of the President and the Congress to govern this Nation. This difficult effort will be the “moral equivalent of war,” except that we will be uniting our efforts to build and not to destroy”. We failed that test we didn’t fight that war we withdrew and look what has happened 30 years later. We must fight thi… Continue

Added by Wayne Alderman on August 31, 2008 at 9:34pm — No Comments

THERE IS AN IMMEDIATE ANSWER...DO WE HAVE THE WILL?

There is an immediate solution to our energy problems that we can implement in the interim while we develop alternative energy. We will be dependent on fossil fuels to some degree for some time because our transportation and infrastructure in this country is designed around fossil fuels and has to function for the immediate future. I am going to bring up some issues that at first glance may polarize those who have opposite views of Global Warming. This is not about Global Warming; it is about st… Continue

Added by Wayne Alderman on July 29, 2008 at 1:33pm — 5 Comments

OIL IS ONLY THE TIP OF THE ICEBERG

In the early 60’s we studied a policy called “beggar thy neighbor” as part of our Economics class. Beggar thy neighbor is a policy where a foreign country subsidizes their products to make them cheaper for us to purchase until our domestic manufacturers or suppliers are forced to downsize or go out of business. Then what happens? In 1965 the Toyota Corona and Corolla were two of the cheapest cars you could buy. It was much cheaper than any domestic. What did they do? They kept moving up…now the… Continue

Added by Wayne Alderman on July 29, 2008 at 1:30pm — 3 Comments

Back to the Future

I don’t know how many of you who are reading this was affected by the 70’s oil embargo and the long gas lines but we responded and recovered. A lot of the recovery was due to CONSERVATION. We need to take a step backward in time. In the 70’s: We reduced the speed limit to 55 mph. I am not in favor the government legislating a 55 mph speed limit but we can voluntary reduce our speeds and drive more conservative to save fuel. Plan travel accordingly and consolidate trips, carpool and elim… Continue

Added by Wayne Alderman on July 24, 2008 at 5:08pm — 7 Comments