By Brian Snyder
On March 10, Senate Majority Whip Dick Durbin introduced America’s Clean Future Fund Act, a fairly ambitious plan to combat climate change. While skeptics will be able to identify plenty of weaknesses in the bill and might argue that it remains enmeshed in a growth-economy worldview, the potential for progress warrants our appreciation. Meanwhile in the House, the Energy and Commerce Committee introduced the Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act,
By Herman Daly
Disaggregating reported GDP growth to reveal the differences in growth by income class, as per the Schumer-Heinrich Bill, is a good idea. After all, telling us, say, that average income grew by 4% is not nearly as informative as telling us that the richest ten percent received the entire growth increment while the bottom ten percent suffered a decline in income.
Congress appears to be trying to maximize the costs of future coastal storms. What could lawmakers do differently?
A “repatriation holiday” would be good for well-to-do CEOs and investors, not so good for workers and taxpayers.
Brent Blackwelder describes why now is the time to put pressure on the media and the 12 members of the Congressional debt panel.