Waxman-Markey and the Great Depression II?
{ Posted on Jul 04 2009 by Menzie Chinn }
“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.
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