Disciplined Teachers "Punished" By Being Paid $70 - $80,000 Per Year to Do Nothing Except Finger-Paint and Do Crossword Puzzles | Main | Overnight Open Thread (genghis)
June 23, 2009

Cap and Tax: How Much Will It Cost Us?

Earlier today I wrote that the President told an outright lie and failed Econ 101 when he claimed that only polluters would be paying the energy tax. Now, via PowerLineBlog comes this map showing how much the Waxman-Markey cap-and-tax bill will cost:

Click for a larger image.

Consumers and taxpayers will be on the hook for millions of dollars under Waxman-Markey's allowance formula. Except in places like California (which incidentally emits the most greenhouse gases of any state), where folks will see a benefit. I'm gonna enjoy having you guys paying my electric bills, chumps!

John from PowerLine gets it mostly right:

Waxman-Markey would be a very stupid bill even if it were true that 1) the earth is getting warmer, 2) human activity is mostly responsible for climate changes, and 3) a warmer earth would be a bad thing. Given that all three of these premises are false--we cannot, in fact, control the weather--Waxman-Markey is a suicidal monument to human folly.

More than that, there is no evidence that Waxman-Markey will alter emissions levels enough to even be noticeable globally. While U.S. emissions are not tiny, they are a drop in a bucket compared to natural source emissions of greenhouse gases. Cap-and-tax does nothing except hamstring our economy and make environmentalists feel good. Honestly, I'd rather spend millions doing the opposite.

More: And if you're into this kinda thing, Newt Gingrich talked about cap and tax on the Hugh Hewitt show today. You can catch a stream or a podcast here.


digg this
posted by Gabriel Malor at 09:10 PM

| Access Comments




Recent Comments
simplemind: "Clinton gives BJ-ers in the Oval- That's fucking b ..."

Your Decidedly Devious Uncle Palpatine, Booking Agent, Aero Pinochet: "151. Like a mutt, desperate to ingratiate himself ..."

Our Country is Screwed: "134 Jim Acosta: The Suppurating Anal Fistula of ..."

CN: "Why must wimmin be believed. Some of the worst lia ..."

Les Kinetic: "Who was allowed to ask adversarial questions at an ..."

DocJ: "I keep thinking @pressec should just toss this whi ..."

chavez the hugo: "134: Slap, I thought he was a puss infected anal f ..."

Mario Rubio: "Spray Me! ..."

steevy: "It's pretty sad if you can't even find somebody wh ..."

Christopher R Taylor: "Because of Donald Trump, [s]people[/s] Muslims are ..."

Bigby's Groping Hands: "Mike Pences' Pets Wont Stop Dying +++ They w ..."

Infidel: "garrett, if you are here, the guys are not fisherm ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64