Thomas Friedman on “Our Three Bombs”
Unfortunately, too many conservatives, who would never risk emitting so much debt that it would tank the dollar, will blithely tell you on carbon: “Emit all you want. Don’t worry. It’s all a hoax.” And too many liberals, who would never risk emitting too much carbon, will tell you on emitting more debt: “Spend away. We’ve got plenty of room to stimulate without risking the dollar.”
Because of this divide, our government has not been able to put in place the long-term policies needed to guard against detonating our mounting debt bomb and climate bomb. As such, we’re in effect putting our kids’ future in the hands of the two most merciless forces on the planet: the Market and Mother Nature.
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