Tuesday, June 09, 2009

EVEN THE BROOKINGS INSTITUTE HAS TO ADMIT THAT OBAMA'S CAP & TRADE WOULD BE A DISASTER

WASH TIMES ON THE BROOKINGS:

The Brookings Institution on Monday said cap-and-trade legislation to reduce carbon dioxide emissions would lower the nation's gross domestic product in 2050 by 2.5 percent, compared with levels it would reach if the legislation is not implemented.

A report issued by the left-leaning research organization said that if Congress passes something similar to President Obama's or the House's proposed plan, the economy would take the biggest hit around 2025. At that time, production at refineries and the use of coal and crude oil would decrease by 30 percent to 40 percent compared with what those levels could be in 2025.

I DON'T THINK THIS WILL DETER OBAMA AND THE ECO-NUTSIE LEFT; THEY WANT TO DESTROY THE US ECONOMY.

IF YOU WANT US TO REMAIN RICH AND STRONG THEN YOU KNOW WHAT TO DO:

DISSENT ACCORDINGLY.

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