Hello, I’m Paul Krugman, Nobel prize winning economist, and I’m an IDIOT! Straight from the Denver Post : “Emblematic of the problems buried in the flawed “cap and trade” bill is a provision that only came to light in the final moments of the House debate. A last-minute amendment, inserted in the early morning hours on the day of the vote, would tax goods that we import from countries that are unwilling to adopt carbon-reducing measures.

Read the original here: 
Cap and trade or Smoot-Hawley?