Unlawful overreach pretty much sums up his presidency doesn’t it?
You know about Obama’s Clean Power Plan that will save all of humanity from the non-threat that is global warming. It aims to reduce carbon emissions by nearly 30 percent from 2005 levels by 2025. In the process, the regulatory costs will soar into the hundreds of billions of dollars, millions of jobs from black and Hispanic communities will be gutted, fixed-income seniors will have their budgets nuked by rising energy costs, and the plan pretty much punishes states that didn’t vote for Obama in 2012. A study from the National Rural Electric Cooperative Association showed that if electrical costs rise at least 10 percent, it would mean the loss of 1.2 million jobs by 2021, a large chunk of them–500,000–hitting rural Americans. It’s a bad plan, and Americans pretty much know that this plan will cause their energy bills to rise. While The Wall Street Journal has called this plan “regulation without representation,” I prefer the Las Vegas Review-Journal’s description: “unlawful overreach.”
Barack Obama will be in Las Vegas on Monday to deliver the keynote speech at Clean Energy Summit 8.0, where he’ll no doubt receive unyielding applause for the most economically harmful, unlawful overreach of his presidency.