Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at thinking, intelligent individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

07 November 2009

Senator Boxer Notes the CO2 Emissions Benefit of Recession

The recession has led to less energy use, which has caught the approving attention of Senator Boxer (Democrat, CA).  Given her backing of carbon cap and trade legislation, perhaps we have an explanation here for the Democrats being so interested in taking over the health care industry and pushing fossil fuel energy restrictions and taxes, even as the highest unemployment rate in 26 years ravages the USA.  

The longer they fiddle while the private sector burns under higher government taxes, more regulations, higher health care costs, higher energy costs, increased labor union threats, loss of creditor standing, dictated management compensations, automotive design mandates, added financial system controls, and anti-business demagoguery, the less energy we use.  After all, there is a direct correlation between the amount of energy used and the growth of the economy.  This same correlation says that carbon cap and trade will decrease the growth of the economy and will mean there will be fewer jobs.  I guess we might as well get used to more than 10% unemployment.  It may be around as long as the Democrats control the presidency and Congress.  It is such a great way to reduce our energy use and we know how important that is to them.

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