Why Oppose Cap and Tax
Sep 9th, 2009 by David Anderson
How about the likelihood that it will add a couple of points to the structural unemployment.
Workers and families in Delaware may be wondering
how cap-and-trade legislation would affect
their income, their jobs, and the cost of energy.
Implementing Waxman-Markey would put a chokehold
on Delaware’s economic potential, reducing
gross state product by $2.32 billion in 2035As the economy adjusts to shrinking gross
domestic product (GDP) and rising energy prices,
employment will take a big hit in Delaware. Beginning
in 2012, job losses will be 4,712 higher than
without a cap-and-trade bill in place. And the number
of jobs lost will only go up, increasing to 6,903
by 2035.
Contrary to the claims of an economic boost
from green investment and green job creation and
“postage stamp” costs, the Waxman–Markey climate
change legislation does the complete opposite
by increasing energy prices—thereby causing
a considerable reduction in the rate of economic
growth, the amount of GDP, household incomes,
and employment.
Socialist oligarchs need a passive population with a third-world mentality of dependency. From that point of view (which is BO’s point of view), the first thing to do is destroy affluence by destroying the economy. BO understands that he is just a cog in the machine, a temporary steward negotiating the long road to socialism; and he willingly accepts this role. Knowing that legislation, once passed, is rarely undone, he will sacrifice his second term for the cause. This is Marxism 101. And, if BO would allow the release his college writings (or, those of his wife), we’d see it to be true; which is why he won’t.
Quite simply, the United States has been on the road to Marxism since Wilson. BO may be the man to get us there for good.
[...] others of them. They acquire all of these by developing and applying their potentialities. Why Oppose Cap and Tax – delawarepolitics.net 09/09/2009 How about the likelihood that it will add a couple of points to [...]