Mark Steyn on Bush's push for *climate* change:
This week's U.N. report on Sudan nicely captures the alternative to Bush-style climate change. After months of expressing deep concern, grave concern, deep concern over the graves and deep grave concern over whether the graves were deep enough, Kofi Annan managed to persuade the U.N. to set up a committee to look into what's going on in Darfur. They've just reported back that it's not genocide. Phew, thank goodness for that. It turns out it's just 70,000 corpses who all happen to be from the same ethnic group; could happen anywhere. But it's not genocide, so don't worry about it.
That's the transnational establishment's alternative to Bush dynamism: appoint a committee that agrees on the need to do nothing. By happy coincidence, that's also the Democrats' line on Social Security. In a sense, these two issues are opposite sides of the same coin. It was noted in the chancelleries of certain capitals that, in a speech aimed in large part at a global audience, the president didn't even mention Europe. Why would he? One reason the Continent is in no position to make any kind of useful contribution to the war on terror or reform of the Middle East is because of its inability to get to grips with the looming disaster of its own state pensions liabilities.
For purposes of comparison, by 2050 public pensions expenditures are expected to be 6½ percent of gross domestic product in the United States, 16.9 percent in Germany, 17.3 percent in Spain, and 24.8 percent in Greece.
Looks like Europe could use a dose of cowboy capitalism.