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04/28/2009

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David - an excellent blog. You should turn it into a column - since your readership here seems to be so undeservedly small.
As for Texas following its governor's wistful thoughts of succession..like you - I'd like to see them try.
After all - if they did it this week - they'd have to think about who pays for the Big Fence they want to build between them and Mexico (since presumably in this hypothetical case - Homeland Security wouldn't do it for them - and I'm sure Janet Napolitano's priorities will be in Arizona - NOT Texas!
The other thing that occurs to me is - who will provide them water. Like Alberta (and Saudi Arabia - which when I was living there 30 years ago - was drawing water from aquifers that were reputed to be 10,000 feet deep - therefore effectively non-renewable) - they have potable water shortage problems. The water table of aquifers in Texas have fallen some 100 feet in the last century - making water almost as valuable (maybe more) than the oil that they are partially using water to pump to the surface...
Hm! Seems - like Jacques Parizeau and Quebec nationalism - the Texas governor and his state could be done like lobsters! Ironic Eh?

Many thanks, WW. I'd much rather be a Quebec than Texas separatist. Quebec has much more going for it, and far fewer liabilities (in the non-financial sense). "Don't mess with Texas" indeed. I'd love D.C. to not have to mess with Texas for a year, a month. The proud Republic of Texas would crawl back on its hands and knees.
As to the small readership of this blog, I gather that's the norm in the early going, which is why about 98% of the 500 million bloggers give up after about two or three months. One has to keep the faith. And actually I was delightfully surprised when they told me the audience for the first time (I didn't want to know!) Much higher than I expected, especially for economics. Must be the cartoons, funny charts and absurd pictures, certain not observations on "the dismal science."

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The Great Recession
by David Olive



  • David Olive is a business and current affairs columnist at the Star, which he joined in 2001 after stints at the Globe and Mail, National Post and Financial Post.

    "If all economists were laid end to end, they would not reach a conclusion."
    - George Bernard Shaw

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