Beam me to Planet Gore !
Posted on 11/25/2009 8:02:30 AM PST by Shellybenoit
President Obama wants to bring Cap and Trade to the United States. The Democratic Party dominated Congressional Budget Office took a look what Cap and Trade would do for the people country they reported it will hurt the poor and middle Class in America. The CBO estimates that the price hikes from a 15% cut in emissions would cost the average household in the bottom-income quintile about 3.3% of its after-tax income every year. That's about $680, not including the costs of reduced employment and output. The three middle quintiles would see their paychecks cut between $880 and $1,500, or 2.9% to 2.7% of income. The rich would pay 1.7%. Cap and trade is the ideal policy for every Beltway analyst who thinks the tax code is too progressive, as it hurts the poor more than the rich.
Yesterday the CBO took another look at the pending Climate Change bills, but instead of reporting on its effect on individual Americans, it examines how the legislation will affect the economy in general....and its not good:
Cue up Captain Obvious, please.
My gas and electric bill averages $150 a month and I’m in a lousey 2 br apartment.
As if they care.
I Forgot to link the article http://yidwithlid.blogspot.com/2009/11/cbo-projects-cap-and-trade-will-hurt.html
This is just a new attempt at creating a money tree...the problem is....the money tree is only for a few...like Gore...Jones...
What, CBO just getting around to acknowledging a GIVEN?!
Idiots.
Got to spread the info gleaned from lying/cheater global warming scammer emails...nobody talking about it but Fox
climactic-research-unit-foi-leaked-data.zip
http://88.80.16.63/leak/climactic-research-unit-foi-leaked-data.zip
took me several times yesterday to get on to this site, but downloaded the whole stinky mess
“My gas and electric bill averages $150 a month and I’m in a lousey 2 br apartment.”
I won’t tell you how much we pay - let’s just say it seems like a lot - but it’s almost double what it was 2-3 years ago...and they just announced another hike...
There’s a very simple solution to this dilemma: tax the rich who are not paying their “fair share” in cap and trade suffering and give it to the poor. s/
Text book democrat economic policy: shared suffering.
There’s a very simple solution to this dilemma: tax the rich who are not paying their “fair share” in cap and trade suffering and give it to the poor. s/
Text book democrat economic policy: shared suffering.
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