There are vast new finds of natural gas, oil, and tar sands offshore and in the American West, the Dakotas, Pennsylvania, New York, and Alaska. This natural wealth represents hundreds of billions of dollars of savings in imported-energy costs and millions of new American jobs. Instead of lecturing about tire pressure and car tune-ups and encouraging people to trade in clunkers, the president could rally the country to go all out right now to develop its burgeoning fossil-fuel resources to supply our needs while we wait for the development of future green energy.The only thing we need is the national will. And, of course, a change in who lives in the White House.
The United States should be in a renaissance. In a food- and fuel-short world, we have vast agricultural and energy resources. While there are riots, strikes, and unrest from Europe to the Middle East, America remains quiet. Foreign depositors even now still believe that the United States is the least likely nation to either confiscate their capital or renege on the interest owed on it. China, Russia, and India have enormous environmental, demographic, and social challenges ahead, of the same sort the United States dealt with decades ago. Our military is far superior to the competitors.
Thursday, August 11, 2011
VDH Secretly Likes America's Chances
Victor Davis Hanson typically is just a tad less pessimistic than Mark Steyn, which is to say, apocalyptic-lite. But today he notes some optimistic facts about America: