Pages

Monday, July 2, 2012

Deficit? What Deficit?

Updates

July 15, 2012: same story, another link.  For $26/gallon, one could ship diesel to Hawaii from North Dakota by C-17.

Original Post

No one argues that "green fuel" costs the US Navy $26/gallon vs $4.00/gallon for conventional fuel. The argument is simply "should we do it"?   Link here to a most incredible story. I'm impressed the admiral supports it; he has a) lots of money to burn; and, b) he is on the short list for next promotion.

And this is why no one should be worried about the deficit. "We" have plenty of opportunities to tighten our belt when / if austerity measures imposed on Greece are imposed on the US. Simply using "common sense" will manage a significant portion of the deficit.