I think I’m falling out of love with The Economist. It continues to be a great source of information about foreign affairs, but it’s becoming less of a source for “economics.” This is especially true when they endorsed the hideously awful ObamaCare bill simply because it was “something.” That’s not intelligent; it’s simply bad economics. Another area where they’ve missed the boat is the theory of man-made global warming. The great Climategate whitewash has begun.
Greenhouse gases still warm planets, carbon dioxide is still a greenhouse gas and the amount of it in the Earth’s atmosphere is still shooting up. The temperature rose over the 20th century in a way that follows from these basic truths. Other mechanisms at play in the climate complicate the issue, but none of them offers a remotely satisfactory alternative explanation for the temperature rise.
Really, is this the best they could come up with to defend the theory? Yes, temperatures increased in the twentieth century. There wasn’t a spike, it wasn’t alarming, and history is littered with centuries of increasing and decreasing temperatures. “In a way that follows from these basics truths.” Huh? I think I’m giving up on this issue because the people who choose to believe this hogwash are beyond reasoning with anymore. No matter what happens there will always be a group of people who believe things are getting worse. They’ll always have a group of thick headed scientists to check off on the theory. What concerns me is that The Economist shouldn’t be falling for idiotic apocalyptic scenarios. Didn’t we learn anything from Thomas Malthus?
Throughout history politicians have fanned the flames of paranoia, moving us on from one imaginary disaster to the next. Every time it’s sold as being done in our best interest and every time it only ends up doing more harm than good. The writers at The Economist should know better, but instead they believe in that age old shallow argument that we have to do “something.”

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