Monday, November 9, 2009

How Cap & Trade is Bad for America


The administration and Congressional Democrats continue to insist that a cap and trade system will pull us out of our recession and would be beneficial to our nation. Quite frankly, they're probably wrong. Cap and Trade will cost jobs, raise taxes and potentially threaten our national security.

Cap and Trade is designed solely to move America away from a carbon-based economy to a "green" economy. While I have no problem using "green" sources of energy, I do have a problem with government causing people to lose their jobs. In other words, to create one "green" job you destroy two other jobs. Not only will Cap and Trade eliminate jobs it will cause much of the remaining jobs to move overseas to places like India and China where no equivalent regulation exists.

Under the current proposal families would see a rise in their electricity bills (as if the bills are reasonable as is). Economists estimate that the added costs families will pay each year could be as high as $3,500. The Congressional Budget Office, however, places it at $175. Either way, electricity is very expensive and there's a lot of people who could not cope with raised prices. Furthermore, if the goal is to help our economy will raising costs on families better anything?

I have claimed in the past that our dependency on Middle-Eastern oil is a threat to national security, I stand by that statement, but the current Cap and Trade proposal would threaten our security in an equal way. Under Cap and Trade we might be able to move America to a "green" economy, but we would cause most major manufacturing to leave, including steel production. Steel is a vital resource needed for the war effort, if steel moves to China we will be slaves to the Chinese in multiple ways.

With the facts presented it is reasonable to say that Cap & Trade will make unemployment skyrocket, will cost families money that many desperately need right now and will hurt our national security. Cap and Trade is not something that the United States can afford to take a risk on. The Senate has yet to vote on cap & trade so there is still time to contact your Senators.

Go here to find your Senators:
http://www.usa.gov/Contact/Elected.shtml

2 comments:

Skipper said...

My biggest issue with Cap and Trade is the hypocrisy. It's not a plan to reduce emissions, but to shake down money from productive companies (who use highly efficient sources of energy; i.e., not green) to political companies (i.e., those who use green energy; often set up and supported by the government).

Al Gore's house vs. George Bush's. President Obama flying to Colorado to tout a green energy plant and using more energy to get to Colorado than the plant saved in a year. Do as I say, not as I do. Oh, and get your wallet out in the meantime.

Jake said...

Oh yes, there's a lot of hypocrisy, and that doesn't seem to bother some.

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