P.Fritz wrote:
"Calif Bill" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

Calif Bill wrote:
You better take an economics course. We would have a depression
at
least as
big as 1929.

Oh, please. I BEG you. Show me ONE piece of literature that says
anything of the sort. That's a stretch even for YOU. Why would
there be
a depression? There may be some down time involved, because the
government would rather put it's money into plodding along with
the
same old technology (fossil fuels), rather than fund research and
development of a
href="http://www.serverlogic3.com/lm/rtl3.asp?si=11&k=new%20technologies"
onmouseover="window.status='new technologies'; return true;"
onmouseout="window.status=''; return true;"new technologies/a.

But, there would be new firms working on new ways to do things.
Was there a depression as big as 1929 when there was a previous
oil
shortage? Do you not think there are modern safeguards in place to
protect us against that, even IF it were to happen?

Yes, I'd be employed. There would be just as much work
designing
new,
more energy efficient buildings. There would be a

href="http://www.serverlogic3.com/lm/rtl3.asp?si=11&k=new%20technologies"
onmouseover="window.status='new technologies'; return true;"
onmouseout="window.status=''; return true;"new technologies/a
sprouting up to meet energy requirements using alternative
means. A
novel idea, our economy could suffice on NEW technology. The
right
wing
just wants to keep us in the dark ages, as always. Hell, when
motor
cars first started appearing, people NEVER thought they'd
replace
the
horse. Especially on farms. How many horses do you see on
working,
profitable farms today?



As I said, you better take an economics course. There was a small
recession
when the price quickly rose up during the 70's. Lots of Silicon
Valley
was
out of work as well as a lot of the rest of the country. That was
just
cost, not supply. There was a supply problem. Remember the odd /
even
days
for gas and the long lines. That is nothing compared to a 60% lack
of
energy supplies. Most every manufacturing job in the country will
be gone
while the search for energy reigns supreme.

It is not just the energy factor, every product with a petroleum base
would
be affected.......plastics, lubricants, paints, etc etc.

Wow, what an insightful post! Of course every product with a petroleum
base would be affected by a reduction of petroleum!