| mrstickball said: Way to destroy jobs, transfer wealth, and cost taxpayers billions, congress. The state I live in, Ohio, is going to get absolutely SCREWED under cap & trade. |
Most people in the United States will be screwed by Cap & Trade ... when energy inflation meets Cap & Trade and people are forced to make a decision between driving to work, heating/cooling their homes, or feeding their families.
It will be interesting to see what the secondary moves of the Congress will be ... Most likely as companies make the rational decision to move to lower-cost environments the government will be forced to act, and their action will probably be a Tariff on all goods imported from countries that don't have similar (moronic) legislation; these countries will then (probably) then impose their own tariffs on all goods imported from the United States creating another penalty on business in the US.
Basically, it is quite likely that companies based in other countries will be forced to face "Fair" competition in the United States while having a very "Unfair" advantage in domestic (and other) markets.








