[ExI] Under the libertarian yoke
thespike at satx.rr.com
Fri May 2 18:51:14 UTC 2008
Krugman comments relevantly, I think, in today's
NYT, presenting both market and govt functioning together on problems:
...the first President Bush established a
market-based system for controlling sulfur
dioxide emissions, which has been highly
successful at controlling acid rain. But by then
the idea of markets in emission permits had long
been accepted by economists of all political stripes.
And it had also been accepted by leading
Democrats. The Environmental Protection Agency
began letting cities meet air-quality standards
using emissions-trading systems during the Carter
administration which also led the way on
deregulation of airlines and trucking.
Furthermore, the sulfur dioxide scheme actually
marked a sharp change in policy from the Reagan
administration, which committed to the belief
that government is always the problem, never the
solution spent eight years opposing any effort to control acid rain.
Rather than admit that pollution is a problem the
government has to solve even as the
consequences of acid rain became ever more
alarming, not to mention as Americas failure to
act provoked a near-crisis in relations with
Canada, which was suffering the effects of
U.S.-generated sulfur dioxide the Reaganites
insisted that there was no problem at all. They
denied the evidence, questioned the science,
called for more research and did nothing. Sound familiar?
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