How will future historians explain it? How will they possibly explain why President George W. Bush decided to ignore the energy crisis staring us in the face and chose instead to spend all his electoral capital on a futile effort to undo the New Deal, by partially privatizing Social Security? We are, quite simply, witnessing one of the greatest examples of misplaced priorities in the history of the U.S. presidency. "Ah, Friedman, but you overstate the case." No, I understate it. Look at the opportunities our country is missing - and the risks we are assuming - by having a...