Monday, December 5, 2011

Auto Industry Bailouts

Daily Kos reports today that the American auto industry is seeing a significant rise in sales. The diarist (Kos-ese for "blogger") reports this as a vindication for President Obama's interventionist economic policies, and a damning criticism of Mitt Romney in particular. Of course, this is also a victory for the auto workers, who will stave off the human misery that is rapidly spreading around this country in the form of long-term unemployment and underemployment.

However, it is not a victory for our fight against climate change, or for those who would like to see our society re-organized to survive the post-petroleum era while we still have enough energy to do so. This is the same problem that plagued the immensely popular Cash-for-Clunkers program. Employment and economic recovery are no doubt good things, and damned near any government spending in the economy could accomplish them (see Keynes' coal mines example), but I would much rather see my tax money going to save our civilization from the coming ravages of peak oil and climate change than perpetuating the continued production of the very products that have so destroyed our nation.

With that observation, I leave you in the capable hands of cartoonist Mike Stanfill:

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