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Report: Climate Change will Clobber U.S. Economy

November 25, 2019

FRED Graph

A report from the Economist estimates that climate change will shrink the U.S. economy by 11% by 2050. As bad as that may sound, the U.S. fares better than Western Europe which is estimated to drop 17% over the same period.

This chart shows the positive correlation between GDP and median household income in the U.S.

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