Wednesday, August 18, 2010

A Little of a Bad Thing Doesn't Make It Good

Heritage "Why are global-warming bills and similar measures so unpopular? Because they cost so much and help so little. The Center for Data Analysis at The Heritage Foundation found that the aggregate lost national income (GDP) from the Waxman-Markey bill would be more than $9 trillion for just the first two dozen years of a 40-year program. That adds up to thousands of dollars per year per family -- and leads to energy price increases of 50 percent to 90 percent."

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