Monday, June 29, 2009

Cap-and-Trade: The Industrial Anti-Revolution


The U.S. economy is disintegrating, hundreds of thousands of people are losing their jobs every month, and record-high home foreclosures are sweeping the nation. But apparently that is not enough for out-of-touch politicians in Washington. Now they want to hit Americans with what the Wall Street Journal is calling possibly the “biggest tax in American history.”

If they were deliberately trying to destroy America’s economy, politicians and the green lobby could have hardly found a better way.

[…] If you look at the total cost of the bill due to increased manufacturing costs, shipping costs and compliance costs, you get a total average yearly impact on a family of four of almost $3,000, according to Heritage.

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