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Originally Posted by Cannon Shell
Cap and trade is a waste of time and it is bad economic policy at the absolute worst time. It is strictly pandering to the environmental lobby which unfortunately is growing. European countries that have followed the Kyoto treaty and have enlisted cap and trade have actually not decreased emissions but some are increasing faster than the US which did not participate.
Energy prices right now are low and emissions are decreasing as the economy slows. Enacting policy that increases energy costs for business is just another anti-business and anti-recovery policy passed by this administration. This is just another poorly timed liberal social issue that will ultimately increase costs for the consumer during the midst of a huge recession. And the irony of it all is that the poorest among us will be hurt the most. Of course most of those poor voters are too stupid to realize that environmental issues will cost them much more than the "rich, polluting companies" in the form of a regressive tax.
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the dems seem to be attempting to push thru every item on their agenda that they've ever wanted passed right
now, while everyone is still dewey-eyed from the election, and while they have the ready excuse of 'everything we're doing is to help get us out of the mess we're in'... energy costs being down is one of the few blessings we have right now, and is something they should NOT be messing with. there's enough bad stuff going on- those attempting to find a new job are faced with lower wages (flooded labor market-when just a few years ago most companies couldn't find adequate staff), and with the credit crunch, people are getting assailed from all sides. but at least gas is cheaper-for now.