Remember this little nugget from John Kerry back on June 6th on ABC’s “This Week”?
“Every major study that has been done by a legitimate group … shows that there are hundreds of thousands of jobs to be created if you pass our (cap-and-trade) legislation. And if you wind up pricing carbon.”
Uh huh. PolitiFact had their own take on that quote. And, of course, President Clueless is telling Senators to include carbon limits in the energy bill (though, really, do many in Congress actually listen to Obama?). Oh, and, hey, look, a major study
More than half a million jobs could be lost by 2015 if Congress approves the cap-and-trade portion of the Kerry-Lieberman anti-global warming bill, according to an independent analysis to be made public tomorrow by the Institute for Energy Research.
The study was done by Chamberlain Economics LLC at IER’s request of the measure – officially known as the American Power Act – being sponsored by Sen. John Kerry, D-MA, and Sen. Joe Lieberman, I-CN.
Of course, when Kerry said “every major study” he neglected to say there had been only one done of the actual legislation at the time. Here we have a second, which shows major losses in jobs. The American Power Act would also kill 5.1 million jobs by 2050.
It will also increase the burden on household cost by $1,042 per year. The study Kerry cited also states that “In the second decade of the program, higher energy and product prices offset the employment gains from new investment.” The poor and the old will also bear a higher portion of the misery.
Perhaps Congress could stop over-reaching, and look towards crafting an actual energy bill that promotes and incentivizes in a positive manner research and creation of clean, sustainable, renewable, and usable alternative energy while reducing our dependence on foreign oil, allowing drilling in and on US property, as well as building nuclear plants, without increasing the costs to the American public and damaging the economy. And said alternatives need to provide the same power as oil and coal.
Of course, that is not the agenda of the American Power Act. It is a cap and trade climahysteric bill, which they are attempting to pass as countries around the world are moving away from the same, due to the jobs and economy killing measures climate alarmism has caused.
More: Oil spill? What oil spill? (h/t to Sean Hackbarth)
In the wake of the BP oil spill in the Gulf of Mexico, President Obama today summoned a bipartisan group of over 20 senators to the White House to push for energy and climate change legislation.
But one thing the President did not want to talk about at the meeting was the BP disaster, a Republican source told ABC News. And that, the source said, led to a pointed exchange with GOP senator Lamar Alexander from Tennessee.
“The priority should be fixing the oil spill,†Alexander told the President, according to the source. “That’s what any meeting about energy should be about.â€
But when Alexander tried to interject the BP leak into the meeting, the source said, the President told the senator, “That’s just your talking point.â€
Retorted Alexander, “No, it’s my opinion.â€
Well, can you blame Obama for not wanting to talk about the oil spill, since his response has been epic failure? This actually jibes with my 2nd post of the day, re: Kathleen Parker calling Obama the first female president, in that Obama only wants to talk and talk and talk, and doesn’t want anyone else to get a word in edgewise nor discuss a different topic (a rather general and somewhat sexist viewpoint, I will admit, but, Obama does rather fit the generalized view of a chatty female teenager, doesn’t he?)
Obama lives in his own little fantasy world, and, God forbid something get in the way of enacting his agenda. It will be ignored. Not too be too conspiracy minded, but, the longer this spill goes on, the more Obama and the Democrats can demonize oil. (but still use it themselves and take oil money)
Crossed at Right Wing News and Stop The ACLU
