Part I: costs and how much revenue you would need to justify those costs. Estimate #1 comes from Peter Berezin, Chief Economist at BCA Research.caption...(You can read his full post, with some graphs and a link to a longer report, here.)Estimate #2, more conservative but still quite high, comes from Calum Williams (who works for The Economist) here: Either way, we are talking about current revenues in the tens of billions (or low hundreds of billions if you are really optimistic), against Capex in the trillions. You don’t have to be Einstein to see the math ain’t mathing. Leave a commentPart II: public opinion, refracted through politics. In keeping with my post from Wednesday on Republicans panicking, Republicans are...
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