Sunday, February 22, 2009

It's the Stupid, Economy!

Have you ever heard that phrase, "It's the economy stupid!"?

What about, "It's the stupid economy!"?

Well, guess what? Neither are correct!

This is what I might call "economistic myopia."

The real answer is, "It's the ENERGY stupid!"


You can't have an economy without any energy. Energy is everything.

And, guess what? You can't FIX an economy without any energy either!

This is the main problem with the noise on Wall Street and the mainstream media.

They just don't get it.

You can take all the blue ribbon panels, Nobel Prize winning economists and Wall Street Gurus you want and you still won't move anywhere if you don't have any energy. No economy can run on theories.

The world is facing a vicious worsening collapse due to our energy challenges. This is nothing new, and, as Joseph Tainter has pointed out, the EROEI of modern industrialized society is a big problem and seems to indicate imminent collapse of energy-imbalanced countries like the USA. The same thing caused the fall of Rome.

Remember right after 9/11? I do. I was an airline pilot at the time.

I remember seeing people driving down the freeway with little plastic American flags bolted on their side mirrors. Unfortunately, most of those little plastic flags were made in CHINA but that hypocrisy seemed lost on all the "towel-head haters!" I also remember seeing hundreds of those flags littered all over the freeway for a couple months as they eventually wore out and tore off. That was pretty patriotic.

The knee-jerk Patriotism of 9/11 has pretty clearly faded, and, despite the new "hope" of the Obama administration, the "system" is bogged down chasing the elusive ghosts of economic theories that fail to recognize the foundation of energy.

Well, I can tell you that it is not the least bit patriotic to remain ignorant of our energy challenges. Awareness is the first step. Most people don't have a clue.

There is a simple reason for that lack of awareness. Oil is our main energy source. Yeah, you can talk about coal and natural gas and nuclear and wind and solar and even corn ethanol, but make no mistake about it, oil is our God.

To get the oil to burn to fuel our modern society, you first have to discover it, then you have to produce it, then you get to waste it.

That's the problem. Most people are only involved in using oil, so they don't have a clue about how oil is produced and the fact that Peak Oil is threatening them.

We can't create a solution if most people don't even know what the real problem is!

So, next time the ModernMediaMachine barfs some nonsense all over you about the "economy," remember that the real problem is the Stupid.

"It's the Stupid, Economy!"

The solution is awareness!

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