Sounds like a children's song, "Cap and Trade... cap and trade...." but it's really not that sweet. In fact, if Obama's new budget proposal for energy passes, it will be more like a doomsday scenario for Americans.
The American Energy Alliance (AEA) gives us the details: Obama budget includes a $646 billion tax on gasoline, diesel, natural gas, and coal. Washington’s spin doctors dubbed this massive new tax “cap and trade”. Cap and trade amounts to a tax on 85 percent of the energy we use. It will result in higher gasoline prices, higher electricity prices, and higher costs for American businesses—many of which are already struggling to keep the lights on. In short, the President’s budget proposal is an outline of his plan to force Americans to pay more money to buy less energy.
If you don't understand what the AEA is saying, to put it plainly: With this new energy proposal, Obama is going to rape and pillage the already shrinking paycheck of the average citizen via increased energy costs, as well as add more Americans to the employment lines due to increased energy costs for business.
Thanks for nothing Obama. Keep up the good work!
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