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 ...
Because she is not evil and cannot be bought and they are evil and have sold their souls. They are afraid she will uncover their mafia like control of the government and send most of Congress and the Media to jail where they belong.
Noonan,Newt are old news!!!
Troll begone!
Newt talks good but anytime I see him on Fox or he’s on the radio I turn on something else. As you say. he let us down and I don’t trust him anymore.
“The writer, a Republican, is governor of Alaska.”
...the Sloshington Compost closing line
‘twas my thought also
/bmark for lunch break
It’s good they are posting to it and implanting it into their minds. When their electric bill doubles, they will remember this.
Hiding in the woods.
Great op-ed Gov!!!
There’ll be another little something at www.sarahpac.com for ya soon!!
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