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Tuesday, September 09, 2008

Friedman on ‘drill, drill, drill’: It’s like someone chanting ‘IBM Selectric typewriters’ during the IT revolution.

FRIEDMAN: I’m actually not against drilling. What I’m against is making that the center of our focus because we are on the eve of a new revolution, the energy technology revolution. It would be, Tom, as if on the eve of the IT revolution, the revolution of PCs and the internet, someone was up there standing and demanding, “IBM Selectric typewriters, IBM Selectric typewriters.” That’s what “drill, drill, drill” is the equivalent of today.

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