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August 05, 2009

Cap and Trade off the Agenda, Now, Too?

Sounds that way.

Obama wasn't crazy when he tried to rush socialism on us in one package. Cap and tax was his funding scheme for health care (and expanding the government generally). He was counting on those billions levied on evil energy producer (and then passed on to citizens, but in a hidden, plausible-deniability manner) to fund his spending initiatives.

Without all those sweet, sweet not-well-hidden taxes on the middle class, he is left with the options of either 1) exploding the deficit still further or 2) reneging on that pledge that is oh so important to him, to not tax the middle class further.

Defeat one and you're a long way towards defeating them all.


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posted by Ace at 04:44 PM

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