Cap & Trade Harms Economy, Jobs Killer, Higher Consumer Costs, Increases In More Foreign Imports

Cap and Trade

Barack Hussein Obama claims that “Cap & Trade” will reduce America’s dependency on foreign oil and create jobs, what are the facts:

Cap & Trade harms the U.S. economy and reduces jobs

Cap & Trade will kill off Domestic Fuel production

America’s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports.

More here from Bloomberg.com

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