Economists don’t agree on much.
They do agree that not raising the U.S. debt ceiling would be somewhere near “cataclysmic.”
The only sensible question is around striking a deal between raising taxes and cutting government spending.
Most likely it will need to be a combination of all of the above.
Economists (and scientists) don’t agree on much.
They do agree that not lowering the U.S. (and global) carbon debt ceiling would be somewhere near “cataclysmic.”
The only sensible question is around striking a deal between raising carbon taxes, capping emissions directly, investing in research & development, or some more indirect measures.
Most likely it will need to be a combination of all of the above.
Economists don’t agree on much. They do agree that not raising the U.S. debt ceiling would be somewhere near “cataclysmic.” The only sensible question is around striking a deal between raising taxes and cutting government spending. Most likely it will need to be a combination of all of the above. Economists (and scientists) don’t agree on much. They do agree that not lowering the U.S. (and global) carbon debt ceiling would be somewhere near “cataclysmic.” The only sensible question is around striking a deal between raising carbon taxes, capping emissions directly, investing in research & development, or some more indirect measures. Most likely it will need to be a combination of all of the above.
