Posted on 06/27/2009 8:11:02 AM PDT by SeekAndFind
U.S. President Barack Obama is calling a climate change bill that passed the U.S. House of Representatives Friday "historic" and crucially important for job creation.
In his weekly broadcast Saturday, the president says the legislation will finally make clean energy "profitable." The bill puts severe limits on harmful emissions and promotes alternative energy. The president says the bill encourages investments in clean energy that will create thousands of jobs.
The legislation passed the House by a close margin Friday and now goes tothe U.S. Senate for consideration. The president Saturday called on every Senator to support the bill, saying they cannot be afraid of the future.
The bill faces an uncertain fate in the Senate where Republicans, who are in the minority, can use procedural hurdles to halt its passage.
House Democratic leaders made several changes to satisfy lawmakers from agricultural states, who fear the bill will increase energy costs on their constituents.
Only eight Republican members of the House voted in favor of the bill.
The bill calls for lowering carbon dioxide and other emissions by 17 percent from their 2005 levels by 2020, and 83 percent by 2050. Under the measure, major polluters, such as coal-fired factories and utilities, would be able to buy allowances from the government.
Companies that fall below their allowances can sell them to other entities that exceed them.
One recent government study shows the bill will cost the average household between $80 to $110 a year, while another estimates the cost at $175 a year.
How stupid does he think the voters are?
Oh.
Never mind.
[One recent government study shows the bill will cost the average household between $80 to $110 a year, while another estimates the cost at $175 a year.]
The size of the reefer they were smoking when they wrote this must be the size of a banana. These estimates make no sense, unless you count the cost perhaps at the first year.
What does he know about jobs? He never had a job in his life, never had to work for a living, never ran a company, never had to meet a budget and most likely, never payed taxes to anyone. This is the blind leading the blind.
Indeed, he is perfectly correct. This bill will mean more jobs.
The jobs, however, will be located in India, China and Korea.
Jack
It seems to me that this bill will only cripple industry and export jobs overseas; moreover, it’ll send the economy even farther south when potential consumers find they have far less money to spend after paying higher utilities bills, as well as an additional premium on their gasoline.
It would seem that, once again, Obama is lying his bum off, and, once again, he is being abetted by his cheerleaders in the MSM.
Yeah, like that trillion dollar stimulus...
Climate change bill good for jobs and ice cream sundaes good for losing weight. In some other universe.
You can never believe anything this man says. When he says “this is good”, 99.9% chance it will be bad. Isn’t Spain dealing with high unemployment, thanks to this obsessive dedication to “creating” green jobs?
Waxman and Pelosi; exporting the California economic brilliance to the whole country.
I hope it passes out.
This is off the charts stupidity by one very stupid man.
Banning all diesel hydraulic excavators would certainly improve the jobs outlook for manual laborers digging ditches with shovels. Banning automobiles would certainly improve the jobs outlook for buggy whip manufacturers. But everybody would agree these are not the best way to allocate our resources.
This energy bill is no different. We’ll be replacing very large, highly efficient, low cost and reliable sources of energy with very small systems with no economies of scale, are inherently unreliable, and always higher-cost than what they replaced.
This is not a path to prosperity for our nation or high standard of living for our people. To argue otherwise requires the IQ of a toadstool.
“Do any of you think that this bill will pass in the Senate?”
My friends in D.C. actually say no way. I’m hopeful but not so sure.
You people are screwed. And by the way, keep it to yourselves, don’t drag the rest of the free world down the toilet with you.
“One recent government study shows the bill will cost the average household between $80 to $110 a year, while another estimates the cost at $175 a year.”
The BIG LIE from the sycophant pressholes continues
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