Tuesday, 8 November 2011

economic booms

boom - its even synonymous with explosion isn't it.

Explosions are often about short destructive forces.

Combustion is about burning stuff, things like the "internal combustion engine" come to mind where small amounts of the stuff is burnt at a time to produce ongoing energy from a small amount of fuel.

Efficient engineering can get excellent amounts of useful energy from a small amount of fuel. You can drive a modern car for 20Km on a litre of fuel ...

Or the same litre of fuel can be used to make a boom in something like a molotov cocktail

Which makes an effective cheap weapon to get your way, but has mainly only destruction as its outcome.

So why is any responsible Government trying to facilitate a resources boom in Australia rather than turn this into an engine for sustainable development for years to come? The ore will always be needed and likely as not the coal too.

I think that the only answer that makes sense here is that the Government is not behaving in a responsible manner and is acting like a kid with money burning a hole in its pocket.

Perhaps the electorate are too ... so why don't we tell our MP's to stop this short sighted boom stuff and start making wealth for our nation in a sustainable manner?

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