Thursday, March 10, 2011

Does Obama Want Higher Energy Prices?

Vincent Carroll, Denver Post
Here's what you need to know about rising energy prices: They're a threat to prosperity when they're the product of global market forces, but they're a boon to job creation when they're the result of government mandates and subsidies.And please don't ask our policymakers to explain the apparent contradiction.The Obama administration — champion of cap-and-trade and other price-boosting schemes — has had no trouble acknowledging the threat from the recent run-up in oil prices.

Source: http://www.realclearpolitics.com/2011/03/10/does_obama_want_higher_energy_prices_251756.html

Kit Bond Lamar Alexander Lindsey Graham Lisa Murkowski Maria Cantwell

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