Sunday, June 28, 2009

Double Whammy—Obama Care & Cap-and-Trade

Double Whammy—Obama Care & Cap-and-Trade; by Peter Schif;

Misguided government policies have already dealt vicious body blows to our economy, but that hasn’t stopped politicians this week from launching two new kicks to the groin: a national health insurance plan and a carbon emissions regulation system called “cap and trade.” Even if these plans could achieve their desired ends, which is highly unlikely, I would have hoped Washington would refrain from throwing more monkey wrenches into the economy until it shows some signs of resurgence. The last thing we need right now is to further encumber our economy with higher taxes and additional regulations. ...

Comment: At this time all I can offer is a quote from the late Rick James, "Cocaine is a terrible thing," because the only way I can figure a group of adults would do something this stupid has to be from a drug induced stupor.

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