In her remarks bringing the debate over the climate bill to a close, House Speaker Nancy Pelosi of California urged her colleagues to vote in favor of the cap and trade bill, saying the measure was about four things: "jobs, jobs, jobs, and jobs."
She was right—the House-passed version of cap and trade is all about jobs: jobs lost, jobs never created, jobs sent overseas, and, unbelievably, jobs people will be paid for doing long after they cease to exist.
According to Friday's Washington Times, the legislation includes language that provides, should it become law, that people who lose their jobs because of it "could get a weekly paycheck for up to three years, subsidies to find new work and other generous benefits—courtesy of Uncle Sam."
How generous are these benefits? Well, according to the Times, "Adversely affected employees in oil, coal and other fossil-fuel sector jobs would qualify for a weekly check worth 70 percent of their current salary for up to three years, at an estimated cost to the taxpayer of $4.2 billion from 2011 to 2019.
Instead of being a the source of millions of new jobs of "green jobs"—as House Democrats are fond of saying over and over again—the provision is a hidden admission that their effort is not only a massive new tax on energy but a job killer... [snip]
Wouldn't it be better to leave the jobs alone in the first place? It would certainly be cheaper.
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