Wednesday, July 1, 2009

Economic Impact of Cap and Trade

Do you know the economic impact of the cap and trade bill which was narrowly passed by the U.S. House of Representatives? According to The Heritage Foundation:

"An analysis of the Waxman-Markey bill (as reported out of the House Committee on Energy and Commerce) by The Heritage Foundation found that unemployment will increase by nearly 2 million in 2012, the first year of the program, and reach nearly 2.5 million in 2035, the last year of the analysis. Total GDP loss by 2035 would be $9.4 trillion. The national debt would balloon as the economy slowed, saddling a family of four with $114,915 of additional national debt. Families would also suffer, as the bill would slap the equivalent of a $4,609 tax on a family of four by 2035."

Are you prepared to buy into this knowing the net result on our environment is infinitesimal, or basically zero? Will you hold your Congressman accountable for supporting this completely un-American bill? Are you willing to speak up for your rights and your liberty, and to now start a political movement to cast anyone who voted for this bill out of Congress? Do you support those who believe in the supremacy of the state, or will you stand proudly for your liberty and your individual freedoms; and, send the message loudly and clearly that you want the politicians to get out of your life and to adhere to their oath to perform their duties constitutionally?

http://www.heritage.org/Research/EnergyandEnvironment/upload/wm2504_table1.pdf

Review the referenced table. You might be concerned about what will become a huge encroachment on your way of life and standard of living if this bill is enacted.

No comments:

Post a Comment