Economy Killer
Posted on : 29-06-2009 | By : Jim Lynch | In : Bad Ideas, Congress, House, Politics, Senate
Tags: Bad Ideas, Congress, Energy, Waxman-Markey
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It was supposed to be a bill to address the “problem” of “climate change(?)”. That wasn’t flying, so they labeled it a jobs bill. Right. What it really is, is an economy killer.
This bill, named for Democrats Henry A. Waxman of California and Edward J. Markey of Massachusetts, would have adverse and lingering consequences for every American. It would raise the cost of electricity for our homes, fuel for our cars and the energy that produces our manufacturing jobs, with little or no environmental benefit. Further, independent experts estimate it would cost Americans more than $2 trillion in a little more than eight years.
Just think about the ways this will impact the economy. Energy is used at every step of every thing we make, buy, and consume. Not only will we be impacted directly by higher gas and utility prices, but indirectly on every single thing we do or purchase.
Let’s go to the grocery store. Want to buy a loaf of bread? The farmer growing the wheat will be paying more to plant, grow, and harvest that wheat. It’s going to cost more to ship and process it into flour. Add a few more cents when the flour is made into bread, packaged, shipped to the stores, and don’t forget the additional costs to the grocery store just to keep the lights on and the doors open.
You can do that exercise with every single product in your shopping cart.
Read this editorial as well.
This bill, if allowed to pass in the Senate, will cost all of us. A lot. Don’t wait, contact your senator and tell them to vote no!
(h/t pomalom via twitter)
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