Posts Tagged ‘cap and trade’
In the News
November 6, 2009Heal the Economy, Start Over on Health Care Reform
As the economy sputters and falters the questions coming up time and again is: What should Obama do? What can Congress do?
They’ve tried spending their way to prosperity and as today’s jobs numbers show, it didn’t work. 3.5 million jobs lost since Obama took office and an unemployment rate that shot up to 10.2 percent is damning evidence, turning the propaganda ploy of arguing for 600,000 stimulus-created jobs into a brazen farce.
They’ve tried to play Washington games with certain sectors and it didn’t work. Cash for clunkers gave car sales a quick pop, but much of it went to imports and in any event it evaporated as quickly as it appeared. Whatever help the first-time homebuyer tax credit provided the housing market is now spent.
Forget what failed in the past, what can they do now? Apropos the health care vote scheduled in the House for Saturday: First, do no harm. (more…)
Tags: cap and trade, cash for clunkers, double digit unemployment, green jobs, Obama Health Care Plan, Obama's failed stimulus
Quotable
August 11, 2009Townhall Protester Charlene Clark
“I’m greatly concerned about legislation being pushed through Congress — health care and ‘cap and trade.’ I think the government is taking away a lot of our liberties. I would like to leave the world a free America, not a fascist America, or big government.” – Charlene Clark, of Baltimore, at a recent Maryland townhall meeting. She waved a sign that said, “Free America Doesn’t Need Socialized Medicine.” (August 11, 2009, per CQ)
Tags: cap and trade, health care, liberties
In the News
July 14, 2009How Cap and Trade Affects the Health Care Debate
The Waxman-Markey energy tax plan will have all sorts of unwanted side effects. As the healthcare debate ramps up, it’s worth noting problems misguided global warming legislation can generate for medical care.
Though it would be nearly impossible to trace all the impacts of higher energy costs on medical services, one broad measure is the impact on the costs of medical care. By driving up energy costs, Waxman-Markey will drive up the costs of running hospitals, manufacturing medical equipment, producing drugs, driving ambulances, and virtually every other component of our healthcare system.
The Center for Data Analysis analyzed the economic impact of the Waxman-Markey energy tax legislation using the sophisticated Global Insight macro model. This model allows detailed analysis of the impacts by industry.
So what happens to healthcare? On top of all the other factors that will lead to higher prices down the road, Waxman-Markey will add an additional 11.6 percent to healthcare costs by 2035 (the last year of the analysis). So, though Waxman-Markey aims its economic bombs at global warming, healthcare will suffer hundreds of billions of dollars in collateral damage each year.
Tags: cap and trade, Cap and Trade Global Warming Bill, health care
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