Friday, August 20, 2004

Oil Prices, Another Important Issue Trivialized

David Ignatius has a good column in the Washington Post about rapidly increasing prices of oil. He discusses the fact that most experts expect the prices rises to continue to increase and don't anticipate them dropping anytime soon. He goes on to discuss how silly the handling of the issues has been by the Kerry and Bush campaigns. He concludes with a paragraph strikingly similar to things I and RJ Samuelson have written previously:

"The non-debate over energy illustrates what's depressing about this campaign. The country is in serious trouble -- with record-high oil prices and the threat of a new energy crisis just one example of our global problems. But rather than the serious debate the country needs, we're hearing platitudes. George Bush and John Kerry evidently would rather play it safe and avoid politically controversial proposals, which in today's world is downright dangerous."

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