Have you had enough? Either way – do not worry! Senate Democrats had so much fun shoving the health care bill down our throats, they are ready to do it again as early as April 26th with the Cap and Tax bill – oops, I mean Cap and Trade. Never mind that the bill’s intent is to combat a debunked theory called global warming, it will undoubtedly bog down the U.S. economy with the highest tax increase in our nation’s history. Americans have made it clear that they do not want this bill and yet Democrats either stubbornly look the other way or simply do not understand the words being spoken to them by their constituents. Maybe they think the Tax Day Tea Party events held all over the nation on April 15th meant that Americans are protesting for more taxes. Since trying to understand a liberal’s thought process is like trying to understand why three year olds shove beans up their noses, I will just show you what is in store for us with Cap and Tax…Trade.
Cap and Trade was thought up by the ever-so-compassionate liberals back in the day when polar bears were dropping faster than Nancy Pelosi’s approval rating. Well, actually that never happened, the polar bears I mean, but please do not try to question Al Gore about that. Cap and Trade creates a new commodity market controlled by the government where businesses must purchase, or “trade”, carbon credits for their carbon emissions. Although it would not surprise me if some clueless liberals think that businesses will absorb all of the costs without passing it down to consumers, we ‘regular folk’ deal in common sense. Essentially, Cap and Trade will increase the cost of every product or service that requires energy to create and transport it. Think about that for a second…now a few more seconds for our clueless liberal friends… yes, that is everything you buy! In fact, for a moment try to think of a single product or service that does not require any source of energy for creation or transportation.
Democrats are not shy about admitting this and discussing it openly, because increasing costs is their intention. Their lack of logic suggests that by increasing costs, Americans will consume less, thus making America a better, stronger country. Concerning this bill, President Obama remarked last year that “electricity rates will necessarily skyrocket.” As if that thorn does not dig deep enough into our economy already, the government is taking it a step further by capping the amount of carbon permits businesses will be allowed to purchase. Caps, of course, will be lowered dramatically in the years to follow.
There you have it…Cap and Tax, which is the more appropriate name, does just what it says it will do: increase the costs of everything Americans produce, while countries like China and India who refuse to go along with such economy-killing mandates, will continue to offer low-operational cost opportunities for our jobs to travel overseas. You would think the footnote statement from the Congressional Budget Office (CBO) in its analysis that suggests, “the potential decrease in gross domestic product (GDP) that could result from the cap” would cause some pause with this bill, but again, that would require logic and common sense.
I am just thinking out loud here, but I seem to remember Obama promising every American making less than $250,000 will not see their taxes increase “one single dime.” Should we not think of the “necessarily” higher costs as an indirect tax increase?
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