Wehrwolfen
Banned
- Joined
- May 11, 2013
- Messages
- 2,329
- Reaction score
- 402
- Gender
- Male
- Political Leaning
- Conservative
By Dan Calabrese
6/27/13
Just in case you’re one of the 12 million Americans still struggling to find a job in the New Normal, Barack Obama has a message that will clarify the situation:
Screw you.
Know what this nation really needs right now? An all-in battle against carbon, which is after all the cause of “our greatest global threat,” waged entirely by executive order. The Wall Street Journal explains the extent to which Obama is willing to eviscerate the economy in the pursuit of this objective. It’s not pretty:
The higher costs will ripple through the energy chain, which is precisely Mr. Obama’s goal. Only by artificially raising the cost of carbon energy can he make even heavily subsidized “renewables” competitive.
In general every $1 billion spent complying with an EPA rule threatens 16,000 jobs and cuts GDP by $1.2 billion—and the agency is now writing scores of multibillion-dollar rules. Keep in mind that last month the Administration quietly raised the “social cost” of carbon by 60% in a regulatory filing related to microwave ovens. That means the EPA can jack up costs by 59.99% and still justify them by claiming the higher benefits.
This regressive burden won’t merely be borne by average American consumers and utility rate-payers—especially in the Midwest and Southern regions that use the most coal. This also threatens one of the few booming parts of the economy, the energy revolution driven by shale gas and unconventional oil. The return of manufacturing to the U.S. depends on this cheap abundant energy, and it could as easily re-relocate overseas as the U.S. becomes less competitive
(Excerpt)
Read more:
Obama to jobless Americans: Pound sand, suckers, I’ve got a planet to save
Rather than work with Congress and the Senate Obama has used the EPA to regulate people out of jobs and raise the cost of fuel higher than it has ever been before. It's Obama's boondoggle. The snake oil salesman sold America another false product.
6/27/13
Just in case you’re one of the 12 million Americans still struggling to find a job in the New Normal, Barack Obama has a message that will clarify the situation:
Screw you.
Know what this nation really needs right now? An all-in battle against carbon, which is after all the cause of “our greatest global threat,” waged entirely by executive order. The Wall Street Journal explains the extent to which Obama is willing to eviscerate the economy in the pursuit of this objective. It’s not pretty:
The higher costs will ripple through the energy chain, which is precisely Mr. Obama’s goal. Only by artificially raising the cost of carbon energy can he make even heavily subsidized “renewables” competitive.
In general every $1 billion spent complying with an EPA rule threatens 16,000 jobs and cuts GDP by $1.2 billion—and the agency is now writing scores of multibillion-dollar rules. Keep in mind that last month the Administration quietly raised the “social cost” of carbon by 60% in a regulatory filing related to microwave ovens. That means the EPA can jack up costs by 59.99% and still justify them by claiming the higher benefits.
This regressive burden won’t merely be borne by average American consumers and utility rate-payers—especially in the Midwest and Southern regions that use the most coal. This also threatens one of the few booming parts of the economy, the energy revolution driven by shale gas and unconventional oil. The return of manufacturing to the U.S. depends on this cheap abundant energy, and it could as easily re-relocate overseas as the U.S. becomes less competitive
(Excerpt)
Read more:
Obama to jobless Americans: Pound sand, suckers, I’ve got a planet to save
Rather than work with Congress and the Senate Obama has used the EPA to regulate people out of jobs and raise the cost of fuel higher than it has ever been before. It's Obama's boondoggle. The snake oil salesman sold America another false product.