Record Greenhouse Gases Accelerates Climate Change

The tell-tale signs and impacts of climate change – such as sea level rise, ice loss and extreme weather – increased during 2015-2019, which is set to be the warmest five-year period on record, according to the World Meteorological Organization (WMO). Greenhouse gas concentrations in the atmosphere have also increased to record levels, locking in the warming trend for generations to come.

The WMO report on The Global Climate in 2015-2019, released to inform the United Nations Secretary-General’s Climate Action Summit, says that the global average temperature has increased by 1.1°C since the pre-industrial period, and by 0.2°C compared to 2011-2015.

Climate Activist Greta Thunberg At the United Nations

Teen climate activist Greta Thunberg
spoke at the United Nations on Monday
about climate change, accusing world
leaders of inaction and half-measures.

Text of Greta Thunberg’s full remarks:

This is all wrong. I shouldn't be up here. I should be back in school on the other side of the ocean. Yet, you all come to us young people for hope. How dare you!

You have stolen my dreams and my childhood with your empty words and yet I'm one of the lucky ones. People are suffering. People are dying. Entire ecosystems are collapsing. We are in the beginning of a mass extinction and all you can talk about is money and fairytales of eternal economic growth. How dare you!

It’s Time For Democrats To Drive A Stake Through The Heart Of Reaganomics

Donald Trump today awards the Presidential Medal of Freedom to Republican economist Art Laffer, the ‘godfather’ of supply-side trickle down Reaganomics. Laffer’s contributions have built a streak of unbroken Republican policy wrongness over a time and scale few policy entrepreneurs in history can match. Trump is giving Laffer the award because last year he coauthored a fawning tribute to President Trump and his agenda. Trump is known to habitually reward his most slavish supporters.

Reaganomics is President Ronald Reagan's conservative economic policy that promised to subsantially shrink the federal government and government spending, and reduce the government's influence on the economy.

Reagan’s legislative agenda implemented an era of laissez-faire economic policy that promoted unregulated “free markets” and untaxed “capitalism” where corporate tax rates and capital gains rates for individuals were effectively diminished, as near as possible, to zero.

Dubbed supply-side, or trickle-down, economics, President Reagan’s economic policy was to reduce, and where possible, elminate taxes on businesses and the wealthy in society as a means to stimulate business investment. Reagan’s theory of trickle-down economics held that corporations and the wealthy would directly invest the money they don’t pay to the government in taxes into business development, which creates jobs, and supports social institutions, which benefits society at large. The theory says that as companies get more cash from tax cuts, they will hire new workers and expand their businesses. It also says that income tax cuts to workers give them more incentive to work, increasing the supply of labor.