Industry officials say with confidence that 7.3 million jobs will disappear if the Obama administration goes through with tighter rules to reduce smog. The industry-sponsored researcher who came up with that number isn't so sure.
"There's uncertainty around that," economist Don Norman said of the "shockingly high" job loss number he extrapolated using a study sponsored by the oil and natural gas industry's American Petroleum Institute and covering just 11 states.
"Even if the numbers are half of that, the number is huge," he said.
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Monday, February 28, 2011
Wonderful: Obama's Strangling EPA Regulations Could Cost Another 7.3 Million Jobs
I have no idea how he'll blame Bush for any of this, but rest assured, he'll try. They says his is a historic presidency. By the time his term is up he'll have presided over the loss of at least 10 million jobs. Indeed, that's historic. Making matters worse, he doesn't even care.
OK, we're heading into month 3 of Republican control of Congress and I have yet to see any real results. I see attempts to get things passed. I see repeals pass that wither on the Senate vine. I see a lot of talk about what the Right want or plan to do. But as far as I can see, not a dime of spending has been cut. Not a single government agency has been trimmed. Not a single oppressive regulation has been repealed. This is beginning to look like '94 when Newt made a lot of promises, then got a lot of power, then made a bunch of halfhearted attempts that went nowhere and then faded away into corruption, spending and bipartisanship.
ReplyDeleteWhen exactly do we see results?
Yeah, Obama and Democrats care about the middle class.
ReplyDeletehttp://www.bluecollarphilosophy.com/2011/02/offshore-drilling-in-alaska-offers-a-job-creation-goldmine-will-obamas-epa-screw-it-up.html
Jaw dropping stupidity from the AP story: "<span>Some industry models don't take into account job gains. Someone has to manufacture and install new anti-pollution equipment. If meat sales drop, purchases of fish or other foods may increase, ensuring that a supermarket would not lay workers off." </span><span>Using Marxist Math, they create a delusional utopian scenario which ignores the cattle ranchers who are put out of business.
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<span>AP creates a delusional utopian scenario which ignores the cattle ranchers who are put out of business: </span>"<span>Some industry models don't take into account job gains. Someone has to manufacture and install new anti-pollution equipment. If meat sales drop, purchases of fish or other foods may increase, ensuring that a supermarket would not lay workers off."
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