Posted by
Always To The Right on Monday, March 02, 2009 4:18:36 PM
Barack Obama insists that his new tax increases will not affect 95% of Americans, who will not pay even a dime
more. He may be right about that, at least directly, but Obama has
another plan that will hit every single American with a massive cost
burden. The George C. Marshall Institute analyzes the potential impact of the cap-and-trade energy system that Obama espouses and finds a big price tag that only gets bigger as we go along.
. . . the present administration and its backers won’t acknowledge that as
the choice before us, preferring to paint rosy pictures of increased
living standards and prosperity while the government chokes off energy
production, a contradiction they claim to solve with an explosion of
“green energy” from sources that don’t exist at the moment.
How do we know that? Even Europe, which led the “green” movement,
has discovered that stopping conventional energy production doesn’t
magically produce realistic, mass-production alternatives.