http://www.nytimes.com/2001/05/20/opinion/20KRUG.html
Some highlights from the piece: the short-term price spikes (in US
energy commodities) will be resolved through ordinary operations of the
free market. To prove that there is a long term crisis, Bush and Cheney
assume every American driver will eventually have an SUV or less
efficient vehicle. Their energy plan is a series of government handouts
for "'virtually every energy lobby in Washington.'" As a gigantic
subsidy, the Bush and Cheney plan is anti-free market.
In my view, the energy subsidies and environmental rollbacks open the
door to a widespread, populist attack on the Administration. I'll guess
that 4/5ths of Americans will be greatly offended by the energy subsidy
plan once they know the details.
Andrew Hagen
[EMAIL PROTECTED]
