Krugman writes: Fiscal policy is, indeed, a moral issue, and we should be ashamed of what we’re doing to the next generation’s economic prospects. But our sin involves investing too little, not borrowing too much — and the deficit scolds, for all their claims to have our children’s interests at heart, are actually the bad guys in this story.
When two people from my Trinity Church Green Committee recommended this op-ed piece, I expected something great from Tom Friedman. Friedman calls for a carbon tax, which I heartily support. He makes a great case. Please read this, and if you agree, pass it on.