Quote:
Reps. Henry Waxman and Ed Markey have modified their cap-and-trade global warming bill, but that's not good news. The new legislation will increase U.S. economic losses by $2 trillion.
Though the Democrats pulled back a bit on proposed restrictions of carbon dioxide emissions, the GDP cost of their new cap-and-trade regime jumps from $7.4 trillion from 2012 through 2035 to $9.6 trillion.
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Green jobs, anyone? At this rate, that's the only, ONLY jobs that will be available in due time, as I see it. I fear for my country, more and more everyday.
IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Perpetual Recession (http://www.ibdeditorials.com/IBDArticles.aspx?id=327541284530872 - broken link)
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