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If cap & trade is really a jobs bill like Obama claims why isnt he promoting that right now?
Americans desperately need jobs don't we?
Or is Obama waiting for the definition of a "green job" to be established first?
11 Answers
- Anonymous1 decade agoFavorite Answer
Cap and Trade will eliminate every business that isn't Wal*Mart, Starbucks, The Home Depot and anyone else willing to pay over half of their profit in new taxes.
- 1 decade ago
It is because it is not the bill, but merely how it is packaged that will principally determine it's effect.
For instance, if President Obama wanted to create jobs in a town where weapons is the principal business, like Littleton, Colorado for instance, he could say "We want our soldiers to be better equipped when fighting terrorists abroad." which would gain a lot more support than "We want to give these people a job because they don't have many prospects in life, and the only industry around that area seemed to be making guns/nuclear arms so..."
I hope this illustrates the point.
- Anonymous1 decade ago
It will cause a net job loss and raise prices on electricity and anything shipped by rail or truck. Obama will be kicking us while we're already down if he starts pushing that again. I'm sure they will start working on it when congress gets back from break.
- MaxwellLv 71 decade ago
because the EPA stated they may come out and declare CO2 a "dangerous pollutant" which REQUIRES the govt to regulate it. If the EPA does that they don't need to "pass" cap & trade anymore, no vote required, as they will be obligated by law to set up regulations.
back door politics.
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- William SLv 71 decade ago
People know the cap and trade will not create jobs and it will only create more taxes. Cap and trade will kill jobs.
- C BLv 51 decade ago
Obama said it would cause energy prices to skyrocket.
I think even the dumbest of Dems realizes this is not the time for that.
- KevinLv 51 decade ago
because he is disciplined and organized
1. decide who can live - abortion legislation
2. decide who can die - healthcare reform
3. decide who can keep their lights on - cap & trade
- Anonymous1 decade ago
Because health care is more important at this time.
- Anonymous1 decade ago
Right now health care reform is more important.