Reagan

While there are plenty of things to say about Reagan, I found this one perhaps the most terrifying. In late 1983, the U.S. and the U.S.S.R. came extremely close to World War III. And the world never knew just how close it was until years later.

All that tough-talk Reagan loved had the Soviets convinced that the bubble was going to go up any minute. They reacted accordingly, going so far as to put a number of nuclear-capable planes on standby alert at East German airfields. One should not play such games with cornered bears. Especially ones armed to the teeth with nukes.

Reagan lived in a different world than the one we live in now. Some would rightfully argue that Reagan lived in a different world then – his own. It’s insane how willing America was to accept global nuclear war as an option – the kind of thinking which seemed to dominate during Reagan’s tenure. I only hope we’ve turned that corner for good, though I won’t breathe easier until the Reagan leftovers populating the current White House have moved on.

So long, Ronnie. There’ll never be another like you. Some of us sleep easier because of that.

Cheap Thoughts: High Oil Prices Good For Jobs?

It occured to me that the sky-high oil prices must be having a crushing effect on world trade. A large portion of goods that sits on the shelf at your local Mall-Wart originates in China. Thus, it has to take a long ride on a freighter in order to get here. Such trips burn up a lot of diesel.

The cheap oil prices which made it cheaper to import goods from overseas are apparently history now. While the high fuel prices are definitely putting the pinch on the U.S. economy, they could also make it more attractive for manufacturers to produce goods here, avoiding the Slow Boat From China.

(On the other hand, diesel prices are still much lower than gasoline, in that diesel doesn’t need to compete for refinery time. Maybe my next car needs to be diesel?)