The carbon cap and trade bill is seen for exactly what it is: nonsense.
Okay, so in pursuit of a goal that’s nonsensical, for a problem that is international and that will not be addressed internationally (India and China, for example, are refusing to starve their people to death), we adopt legislation that either sets up an iron wall of tariffs or drives half the nation into poverty in about 15 years. This is the most bizarre thing I have ever seen in my lifetime.
Let’s hope it can be stopped in the Senate. Even if it is, our nation has lost something here, and that something is the principal legislative body’s grasp on reality. It is as if the House of Representatives suddenly passed a vote to reduce gravity by 10 percent in order to lessen the costs of obesity to putatively cut Medicare costs in the future. Truly amazing.
Don’t let the House know they can reduce gravity, it’ll be on the docket after they get back from their break.