Friday, June 26, 2009

Dems Barely Pass the Cap-and-Destroy the Economy Bill

The one good thing is that the thing passed by such a narrow margin that the Senate will hopefully put this crap out of its misery.

The vote was 219-212, capping months of negotiations and days of intense bargaining among Democrats. Republicans were overwhelmingly against the measure, arguing it would destroy jobs in the midst of a recession while burdening consumers with a new tax in the form of higher energy costs.

The whole argument that it will "grow green jobs" does not say that these jobs will be in the future at some uncertain date. At this time these "green jobs" are little more then guys that install solar panels and have basically failed in Spain. These jobs will be there if the government funds the research instead of penalizing every single American for using any energy at all.

We don't need to go into the Second Great Depression just so we can reduce the temperature by .0013 degrees by the end of the century. I think if this thing actually passes the Senate (by some miracle) this will be the Smooth-Hawley Tariff of this century in lead us into 10 years of economic ruin.

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