tag:blogger.com,1999:blog-5956838.post8892441951874639450..comments2023-11-22T01:14:54.298-08:00Comments on amor mundi: Is There Such A Thing As A Reasonable Compromise With Total Catastrophe? Worries Over President Obama's Upcoming Speech on "Deficit Reduction"Dale Carricohttp://www.blogger.com/profile/02811055279887722298noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5956838.post-15197403028138196772011-04-11T05:27:22.637-07:002011-04-11T05:27:22.637-07:00In the long run the Republicans are pushing a budg...In the long run the Republicans are pushing a budget that commits the USA to a brown energy future. That will quickly become a very hard sell. They are selling a Environmentalists are responsible for the high price of oil narrative which a few on the radical fringe are accepting but I don't think will gain purchase in the centre.<br /><br />I'm hoping Obama doesn't compromise on energy and the environment the world really needs America to make that shift. I'm half expecting social programs in the USA to be cut to the bone before any cuts (or even a spending freeze) in military spending or more progressive taxation are considered. Keep in mind that all this is happening to the backdrop of *increases* in military spending, 30 billion of new spending for upgrades to America's nuclear weapon's arsental went through in the lame duck session. <br /><br />Meanwhile Saudi Arabia has started exporting low quality crude and oil is stratosphericaly expesnive. The bipartisan consensus in the states is to keep subsidising oil companies, increase military spending and cut social programs. This seems like a suicide pact to me.jollyspaniardhttps://www.blogger.com/profile/10999141103840765243noreply@blogger.com