Thursday, August 13, 2009

Climate bill could cost 2 million jobs ; Isn't that Obama's plan?



Hmm..if 51% of Americans are dependent on the government.....fill in the blank.

Andrew Wilkow understands the reason for Obama's plan to create 'zero liability' voters.

Add another climate bill cost estimate to the growing pile.

The National Association of Manufacturers (NAM) and the American Council for Capital Formation (ACCF) released a study Wednesday that found under a high-cost scenario the House global warming bill could reduce economic growth by 2.4 percent and cost 2 million jobs by 2030.

Environmentalists were quick to criticize the study for underselling the development of climate-friendly sources of power and not releasing other assumptions NAM and ACCF fed into the computer model to get their economic forecast, which takes more of a glass-half-empty view than recent governmental reports. READ MORE..

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