EDITORIAL: Bush botches energy

Meaningless assertions yield poor policy.“America is addicted to oil,” asserted US President George W. Bush in his state of the union address Jan. 31. The silly fusion of psychology and economics has meant nothing in all the years environmental extremists have bandied it in their propaganda. That Bush dredged it up in service to the nationalization of energy choice betokens an administration devoid of ideas, estranged from central beliefs of its supporters, and in need-as they might say in the president’s home state-of a hard jerk on its reins.Economic preferences are not addictions. The US uses oil in large amounts for sound reasons. Oil is generally cheaper and more co...

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