Friday, April 08, 2005

Shocker: SUV drivers are patriotic, after all...

Who would have thought? All those drivers of SUVs, light and not-so-light trucks (it's kind of funny to see trucks in the parking lot of likes of Cisco Systems) are serving their country well on more than one count. One, obvious, they're predominantly buying US-made vehicles. Two, they usually tax-deduct the expenses. Three, they're helping to drive oil demand (and, consequently, price) up, up and beyond.

Leaving two aside, why three is good for developed nation like US? Easy, third-world (in fact, those anything-but G7 members) nations that are not themselves exporters of oil are thus denied this now precious resource to get developed. And those with meaningful export capability are made dependent on oil exports for attaining GDP (or whatever other benchmark measuring development), which makes such development unstable, unsustainable. And, curiously, when oil prices are high enough, globalization will take an interesting turn, isolating the countries physically. Thus, the time for gaining profits from outsourcing to likes of India and China is nearly over. Heck! It's aleady over, if executives' airfare is factored in :)

Thank you, gas-guzzler drivers!

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