Tackling the Debt Ceiling With Carbon-Backed Money
The solution to this joint economic-climate crisis must provide an escalating price signal on oil, and distribute the proceeds equally to the people, not the fossil fuel corporations. Two well-known quotes from Dick Cheney are apropos to the current crisis in Congress over the debt ceiling: “Deficits don’t matter” and “Go F- yourself.” 1) “Deficits …
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