Waxman-Markey and the Great Depression II?
"With the passage of Cap and Trade there is a good chance that unemployment will be worse than 1933 by the end of 2010." So writes an Econbrowser reader . Well, anything can happen, but that is not the outcome I predict. Nor the CBO, EPA, and other informed analysts. From the CBO : The incidence of the gains and losses associated with the cap-and-trade program in H.R. 2454 would vary from year to year because the distribution of the allowance value would change over the life of the p