To: EyeGuy
When the economy is growing at 7% and unemployment is at 4% with low inflation a year taking a 3% hit (the estimated impact of crap & trade) is something people are willing to think about. Now we have 7% unemployment negative growth and the Fed monetizing debt, almost certain to cause hyper inflation. Knocking another 3% off the growth rate now will make 1927 look like a minor correction in the markets. Enough people are starting to realize this to make any kind of green tax very unpopular right now. Not that the greens or the Lord Obama give a darn, but some of the Dems in Congress might be concerned enough to kill this.
12 posted on
03/20/2009 9:20:39 AM PDT by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: GonzoGOP
“Enough people are starting to realize this to make any kind of green tax very unpopular right now.”
It’s just sad that people cannot think this rationally when times are good...for if they did, most of this garbage would never pass, and Obama would still be firing up the masses in Chicago.
13 posted on
03/20/2009 9:28:39 AM PDT by
BobL
(Drop a comment: http://www.freerepublic.com/focus/f-chat/2180357/posts)
To: GonzoGOP
Yes, but even in a booming economy “environmental concerns” are in the vast majority, an utter waste of time, money and resources.
Puny man can hardly put a scratch on the environment even IF we were actively trying to inflict harm. Of course, sound business practice by definition, already INCLUDES reasonable environmental precautions.
14 posted on
03/20/2009 9:30:13 AM PDT by
EyeGuy
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