Which crisis scares you more – climate change or our growing debt?
Climate change certainly receives a lot more attention in the media and a lot more attention from politicians, even if they’ve done little about it.
Last week, as one small example, President Obama said in an interview that his push to address climate change was influenced by an asthma attack his daughter Malia had when she was a four-year-old. Asthma is a medical condition that has no connection to climate change. It would be as logical to suggest that climate change cured her asthma, since she no longer has it and the climate has continued to deteriorate since she was four.
We’re not suggesting that climate change doesn’t merit serious attention, but even if it’s as big a deal as environmental activists would have us believe, the U.S. is going to have little impact unless China, India and other ozone-busters get on board, too.
Debt, though, which President Obama and most members of Congress rarely talk about, just keeps rolling along. (more…)