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In its special report on the rise and fall of the wealthy, referring to the trends in income inequality in the United States The Economist (April 4-10th 2009, p. 3) states “… Another international study found that only Mexico and Russia had more unequal income distributions than America.” That is plain wrong.
You could be forgiven for thinking that national action to reduce greenhouse gas emissions is going nowhere. This article in yesterday’s Washington Post describes the persistent hand-wringing inside the Beltway about the putative cost of cap-and-trade regulation. The argument continues although, as I and many others have argued, the U.S.