Tuesday, July 7, 2009

Energy Bill: Results of Cap and Trade

Politicians are saying that the Energy Bill that includes Cap + Trade is first and foremost a jobs bill. That is like saying black is white. If a lie is big enough and repeated often enough, that does not make it any less of a lie. It will cause the loss of an unbelievable amount of jobs. Look to the economies that have tried this. Green jobs were created, but Cap + Trade so dramatically increased the price of all goods that many, many more jobs were lost. Can we not learn from their mistakes?

To stay in business, after Cap + Trade, companies will be forced to raise prices and cut costs. They will lower costs by cutting jobs. The higher prices will force people to buy less. Less merchandise will be needed, which will again force job cuts. Do you see a pattern? Isn't unemployment high enough? Does Congress have to make it worse?

Congress can pass legislation to develop new green energy and create new green jobs. It can do this with a bill that does not include Cap + Trade and save the jobs we have now.


Signed,
The Electorate

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