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3% of US GDP is immense in absolute terms, yes, but not in relative terms.

It does represent a few million jobs, though, maybe shaving a couple of percentage points from unemployment figures.

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris

by Carrie (migeru at eurotrib dot com) on Tue Mar 25th, 2008 at 09:49:25 AM EST
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I guess that's what gives me hope on the energy issues. Even if we need to spend trillions, that'll just be a tiny part of the GDP over the next decade or three.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Tue Mar 25th, 2008 at 09:57:48 AM EST
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