Economics

Who Caused the Oil Spill? After All, It Was You and Me

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At any rate, as was obvious from the beginning, we'll all be paying for it, as this TalkingPointsMemo piece about the judgments of the Chamber of Commerce and of** House Minority Leader John Boehner reminds us:

"I think the people responsible in the oil spill–BP and the federal government–should take full responsibility for what's happening there," Boehner said at his weekly press conference this morning.

Boehner's statement followed comments last Friday by US Chamber of Commerce CEO Tom Donohue who said he opposes efforts to stick BP, a member of the Chamber, with the bill. "It is generally not the practice of this country to change the laws after the game," he said. "Everybody is going to contribute to this clean up. We are all going to have to do it. We are going to have to get the money from the government and from the companies and we will figure out a way to do that."

A hint of a more free-market approach to liability and recompense, blogged about here last week.

**This entry originally lacked the words "and of" there, which actually read pretty funny, but wasn't exactly what I meant to write.