Economists vs. Politicians
It isn’t often that I can find examples of the economics profession behaving well, but the Wall Street Journal has chimed in reporting that economists agree that carbon taxes are the way to limit global warming, yet politicians are just as adamant in supporting the cap and trade. Nobody wants to get blamed for raising taxes. Rep. John Dingell (Dem, GM; i.e. General Motors) is still supposed to introduce a carbon just to prove how unpopular such a tax might be.