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Obama Says Moratorium Doesn’t Really Hurt Anybody; Louisiana Seethes With Indignation
The Hay Ride ^ | macaoidh

Posted on 09/16/2010 7:52:41 PM PDT by Nachum

President Barack Obama’s moratorium on deepwater offshore oil drilling has been quietly fading from the front pages, as the effects and news coverage of the Gulf oil spill have tapered off. One could almost argue that the spill and the moratorium aren’t even national news stories anymore; they’re of purely local interest now.

So perhaps it’s on one level understandable that the administration, personified in a report entitled “Inter-Agency Economic Report Estimating the Economic Effects of the Deepwater Drilling Moratorium on the Gulf Coast Economy,” is touting the fact that since the moratorium went into place in late May, “only” 8,000-12,000 jobs have been lost.

This is a win, the administration says, because other predictions - like the one by the Louisiana Mid-Continent Oil & Gas Association which said 33,000 jobs would be lost as a result of the moratorium, forecast far more dismal results. The administration’s own halfheartedly-assembled numbers which projected job losses numbering 23,000 or so were worse, for that matter.

(Excerpt) Read more at thehayride.com ...


TOPICS: Crime/Corruption; News/Current Events; US: Louisiana
KEYWORDS: anybody; hurt; louisiana; moratorium; obama
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To: OrangeHoof
If I had the chance, I would slash the government with a scythe like the Angel of Death.

I've been saying this since the Carter era.

21 posted on 09/16/2010 9:19:40 PM PDT by Cobra64
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To: Nachum
They are proud of themselves because they cut down on Lousiana's carbon footprint. However, they did nothing about China and India'a footprints, and did not dim the lights at all in Washington, DC.

This is the most incredibly incompetent bunch I could ever imagine!

22 posted on 09/16/2010 9:35:51 PM PDT by The_Media_never_lie
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