Posted on 07/13/2009 8:22:06 PM PDT by nomoremods
I am deeply concerned about President Obama's cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.
American prosperity has always been driven by the steady supply of abundant, affordable energy. Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president's cap-and-trade energy tax would adversely affect every aspect of the U.S. economy.
There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn't lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America's economy.
Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.
In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of farming will certainly increase, driving down farm incomes while driving up grocery prices. The costs of manufacturing, warehousing and transportation will also increase.
The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.
The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will "necessarily skyrocket." So much for not raising taxes on anyone making less than $250,000 a year.
(Excerpt) Read more at washingtonpost.com ...
"The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics."
op ed by Sarah...
The gloves are off!
ping for later
awwwwwwww nuts, beat me to it. It always happens, but yeah, AWESOME article
Get it Sarah! You go!
Isn’t she the most awesome person EVER. I love the Yes we can quote at the end LOL
And so it begins..........
That one was my fave as well, lol!
Sarah rocks!!! :)
If I were to base judgment on what anti Palin twits are saying, I would be surprised the Shara is even literate.
Peggy Noonan was especially mean, saying that Palin isn’t “thoughtful” enough.
Why do they hate Sarah so much?
Your on the wrong site, the Daily Kos is that way
Nice, keep them coming Sarah P.
In the tradition of Fort Sumter, Sarah Palin fires the first shot.
Well done, Guv.
Gov. Palin writes as clearly, and in as straight-forward a fashion, as she speaks. Of course the lib loonies will savage this, but any person with half a brain will recognize it makes sense. Drill here, drill now, revive the economy with tax cuts. What could be simpler?
Barracuda 1
Obambi 0
He ‘claims’ to be a Newt for Prez supporter.
Signed up June 3rd to prove you were KOS kiddie?
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