Frustrated that Congress refused to enact cap-tax-and-trade, President Obama unleashed EPA to promulgate thousands of pages of rules governing carbon dioxide, “toxic” pollutants that have already been reduced dramatically, “cross-state transport” of emissions, and other power plant operations. All tout health claims based on virtual reality computer models, cherry-picked research and illusory benefits.
"Taxing American energy companies would actually increase the debt and deficit. It would also have the unintended consequence of forcing these companies to relocate to more hospitable tax climates overseas, taking American jobs with them."
All told, over a billion acres of onshore and offshore energy prospects are locked up – costing us centuries of fuel, millions of jobs, and hundreds of billions in bonus, royalty and tax revenues.
Can you imagine how insufferable President Obama would be about his record in office if he actually had abundant positive accomplishments? Have we ever seen a starker contrast between a politician's record and his self-assessment of it?
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