Obama’s White House Science Advisor John Holdren later elaborated, “We need to de-develop the United States to bring our economic system into line with the realities of ecology and the global resource situation.”
The so-called Clean Power Plan proposed by Obama’s EPA is well-designed to do precisely that -- de-develop the United States.
A new study from the National Black Chamber of Commerce estimates the regulation will cause job losses reaching 7 million for blacks and 12 million for Hispanics, with the poverty rate increasing by more than 23 percent for blacks and 26 percent for Hispanics.
That is because the plan will ultimately more than double the cost of natural gas and electricity, adding over $1 trillion to family and business energy bills, just as Obama promised. That will drain funds that could be used for new jobs and pay increases, and end up destroying millions of jobs in companies and businesses that can no longer compete under the higher costs. The rules and their costs will reduce U.S. economic growth every year, causing $2.3 trillion in losses over the next two decades alone.
The skyrocketing costs for energy and electricity will have a “disparate impact” on the poor and low income Blacks and Hispanics, as those increased costs will constitute a higher percentage of their lower incomes. Which means that it will hurt most those who can least afford it. Blacks and Hispanics would consequently be threatened with a new energy poverty. Under the civil rights theories of Obama’s own Justice Department, this means his EPA Clean Power Plan constitutes illegal discrimination.
African-American author and Fox News analyst Deneen Borelli comments that the EPA’s new overregulation is “the green movement’s new Jim Crow.” National Black Chamber of Commerce President Harry Alford calls the EPA’s regulatory overkill “a slap in the face to poor and minority families...
No comments:
Post a Comment