No, it's not "just" $646 Billion for 'cap and trade.'
More like $2 TRILLION--about 300% of the O-and-Savior's first stupid-wild-ass-guess (SWAG.)
At the meeting, Jason Furman, a top Obama staffer, estimated that the president’s cap-and-trade program could cost up to three times as much as the administration’s early estimate of $646 billion over eight years. A study of an earlier cap-and-trade bill co-sponsored by Mr. Obama when he was a senator estimated the cost could top $366 billion a year by 2015.
A White House official did not confirm the large estimate, saying only that Obama aides previously had noted that the $646 billion estimate was “conservative.”
No wonder Obama's going to appear on Leno. He's a comedian.
Just a brief reminder: two-thirds of Wisconsin's electricity will be hit by this tax--and that means YOU will pay more for your light and heat. Wisconsin's industrial and agricultural economies will be hit by this tax--meaning YOU will pay more for food...if you have a job after the manufacturers simply pick up and leave the USA.
Good comedy and satire requires that there is an element of truth to what is being said. With that as a foundation, just how would Obama be a comedian? I suppose you didn't say a "good" comedian!
ReplyDeleteNo, no! I am looking forward to 'cap and trade.' This will be the largest transfer of wealth from the urban to the rural sector in human history. People will be paying me money for no other reason than that I own already valuable land that happens to contain grass or trees. In return for this, I have to do... nothing different from what I was going to do anyway. There is no additional labor, no additional cost, in return for profit at the expense of city-dwellers.
ReplyDeleteCowboys unite! You have nothing to lose at all!