First off, I have to give some big thanks to Yglesias, Ezra, Megan, Garance and D-Larison. I know this is going to sound cocky, but the blog had an amazing day yesterday thanks to their links and y’alls subsequent comments; my hits and feed adds have already crashed, I guess Chanukkah only comes once a year. Hopefully I’ll manage to hold on to some of y’all that were lead here by my blogging betters. Now if I can only actually engage a flamewar with a right winger, that would really bring in the numbers…anyone mind sending a link to Mickey? I think the way it goes is that you came here because someone linked here, but you’ll stay for the content, or something like that… Well, here’s the content.
You can almost set your watch around demagogic populists moaning about the summer bringing high gas prices and how the perfidious oil companies are “price gouging.” Now, it’s bad when libertarians and conservatives say the Left is “economically illiterate,” this is just a lie, Brad DeLong, Dani Rodrik and Paul Krugman are hardly “economically illiterate” and using that terminology is really just a way to close off discussion over, generally, inequality, which many libertarians and conservatives want to do anyway. They do, however, have a point, when we hear the demagogues talk about the evil oil companies screwing over the good ole American consumer because gas consumption goes up every year and prices necessarily follow the increase in demand; this can only be descrbed as economic illiteracy, and all lefties that know better should point it out and demean it. On the actual policy front, Yglesias is right, the idea that a major public policy goal should be the insurance of low gas prices seems rather daft in a world where we all know transportation is one of the largest sources of carbon emissions. But there’s a few reasons we can’t just wish politicians demagoging for low gas prices to go away.
Polls have shown that presidential popularity is often tied to gas prices, despite what the commentariat has to say about global warming, people are rather short sighted about costs and benefits and just see how much paying for gas takes out of their pocket. Many also think that the governemtn really has a large input in the week to week, month to month price flucuations. We’ve all heard stories of Nixon and Bush trying to pressure the Saudis to lower gas prices right around election time, the populace just cares about it. ( I would search for links but its 2:42 in the morning and I have a full set of graduation fetes to attend tommorow - sorry).
Most of the people not living on the NR’s Planet Gore blog accept that burning fossil fuels is bad, and that we should burn less of them. It would be advisable policy to institute a Pigovian tax on Carbon emmissions, fast track and build more nuclear power plants, pay China to build nuclear power plants, buy up rain forests and phase out coal fired power plants and incandescent light bulbs. Those policies, many of which would increase costs on the lower middle and working classes, aren’t feasible right now, considering that only Democrats will try to enact them and the people hurt by them the most, in the short term, are Democratic voters. Not to mention the fact that GM’s man in Congress, John Dingell, chairs the House Commerce and Energy Committee.
For better or for worse, the America that has been built since the Eisenhower administration has been based on the possibility of middle class families being able to move out into the suburbs, commute to work in cities, and have a fair amount of space to live and cheap gas to drive. This model is entrenched in America, and it will take some wrenching to move to better land use policies and an overall vision for how we live to lower carbon emissions. Enacting a carbon tax, or increasing the gas tax, moving highway investment to public transportation or rezoning so as to build higher density in cities will be moving the goalposts in the middle of the game. We’ll essentially have to rebuild America, and not everyone is going to be happy about it.
PS - Chris Rock has a great bit where he says that all Americans want is “some cheap motherfuckin’ gas!” - I’m afraid that for the time being, he’s right, and those Americans are mostly black and working class Democratic voters, so, I’d say invest in a boat, the sea is only getting higher…