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Politics : Liberalism: Do You Agree We've Had Enough of It?
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From: Sedohr Nod5/27/2009 9:26:50 AM
3 Recommendations  Read Replies (2) of 224729
 
Are we really going to surrender our prosperity to environmental retards? Cave dwellers need not worry, otherwise we're screwed.

Cap-and-Trade an Economic Nightmare

If the bill passes in the future each American family will need to have an extra $16,989.49 in the bank to pay for it. The confusing thing is that independent non-partisan tax watchdog organizations like the National Tax Payers Union and government agencies like The Department of Energy, Government Accounting Office and even the Environmental Protection Agency all have detailed to the costs of the bill and yet they still insisted on trying to pass it.

Gas would immediately increase by another $1.50 per gallon, every consumer would have to pay another $400.00 per year for electricity and the American Gross Domestic Product would decrease by 3.5% to 7% per year, hurting companies large and small and would send an estimated 3 million more jobs overseas over the next few years.

As an example of how damaging Cap-and-Trade is they already have it in Germany and other parts of Europe. Germans pay $10.00 a gallon for fuel, as a country they have had a long history of making high quality products like cars and steel, but since Cap-and-Trade was introduced the major steel makers have determined that it is now less expensive for them to move their manufacturing from Germany to Saudi Arabia. That is just one industry, and one country, toss in auto makers, fuel companies, trucking companies, farmers, technology manufacturers, etc. The US Government has already proposed a really ridiculous bill that would tax farmers based on how much their cows fart to help stop climate change.

canadafreepress.com
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