Even with an energy revolution underway in the United States, the government still makes us pour money into expensive, inefficient, and subsidized energy like ethanol. Due to a law called the Renewable Fuel Standard, consumers are required to fill up their gas tanks with increased amounts of ethanol.
During President Obama’s Climate Speech at Georgetown University, the leader of the executive branch warned opponents of his just announced EPA regulations that “sticking your head in the sand might make you feel safer, but it's not going to protect you from the coming storm" and that “we don't have time for a meeting of the flat-Earth society."
Empowered by a recent court ruling, the Environmental Protection Agency is coopting arcane laws to inhibit economic development and kill thousands of jobs. In order for a mining operating to begin production, developers must apply for and receive a handful of permits.
President Obama has a new plan to avoid sequestration: kill private sector jobs. In 2011 Republicans required spending cuts to raise the debt ceiling. President Obama suggested that, in addition to freezing spending levels, broad-based spending cuts be implemented on March 1, 2013 via sequester.
Unions have come to subsist on taxpayers. Last week, the Labor Department published 2012 data showing that the unionization rate in America continues to decline in both the private and government sectors.
Obama will go down in history as the president who killed coal. Making no attempt to hide his disdain for one of America’s most abundant, efficient energy sources, then candidate Barack Obama said that, “if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them.”
After a yearlong fight, House Republicans land a blow against the politicized National Mediation Board (NMB). After assuming office in 2009, President Obama appointed two pro-union members to the three member NMB, the federal agency that oversees union-employer relations in the transportation industry.
This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and cancelling leases, the Obama Administration has made what was once routine nearly impossible.
Democrats should be rooting for America’s oil and natural gas producers to succeed—the nine million people employed by the industry and millions of shareholders certainly are. Not cheering yet? You should be. In all likelihood, you are Big Oil.
With Congress thankfully derailing many of the President’s radical proposals, Obama has used regulatory agencies to implement the policies Congress rejected.
Unwilling to reign in Washington’s overspending problem, Democrats and their allies on the Left are stuck championing tax increases. Raising the corporate income tax rate—already the highest in the world—or increasing the personal income rate is untenable, leaving Democrats no choice except to try and repeal tax credits and deductions.
All eyes are on the Senate to see if Republicans can muster up the 60 votes necessary to prevent the EPA’s backdoor implementation of cap-and-trade.
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