NYT: High Gas Prices Are Good After All

The New York Times, crib sheet of the MSM, let the cat out the bag this morning on the subject of gas prices, saying that while it's unfortunate that high gas prices harm the average American, they're good in the end because they might provide more support for 'long-term' environmental causes.

In other words: we need to destroy the economy in order to save it:

It’s hard to convince most Americans that there is a silver lining to $4-a-gallon gasoline. But General Motors provided a nugget of good news when it announced that it would shutter much of its production of pickups and sport utility vehicles — and might even get rid of the Hummer, the relative of the Abrams tank unleashed on the streets in the cheap-gas days of the 1990s.

It’s hardly the solution to global warming, or the country’s dependence on imported oil, but it’s a start. [...]

Expensive gasoline is not good news for most American families. In some rural areas where people must drive long distances, and a pickup is more of a necessity than a lifestyle choice, filling up the tank can eat up nearly 15 percent of a worker’s take-home income. Pricey gasoline is acting as a brake on the economy and pushing up the price of food and other goods.

Still, Americans’ response to rising gasoline prices makes an excellent case for a gas tax. It proves that drivers will change their behavior in response to high fuel prices. And even if Detroit doesn’t buy global warming, drivers can help persuade it to embrace fuel efficiency.

Environment Global Warming New York Times
Matthew Sheffield's picture