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Likewise, Obama tells us he wants to create more jobs and continue to subsidize green energy. Well President, you can't do both.
It's an economic reality that you cannot create a net increase in American jobs by diverting taxpayer dollars to subsidize the inefficient, high-cost production of “green” energy while at the same time penalizing the low-cost, job-creating, efficient production of traditional energy sources like oil and natural gas. And that's exactly what the Obama administration's energy policy will accomplish - a net loss of jobs, by punishing the oil and natural gas industry with $86 billion in higher taxes over the next ten years, while subsidizing "green" energy.
Find out more at The American.com about "How Obama's Energy Policy Will Kill Jobs" (my article with Tom Hemphill).
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