by Gary Bauer, Contributing Author: If socialized medicine and taxpayer-funded abortions aren’t bad enough, here’s something else to get your blood boiling. In her press conference yesterday, Nancy Pelosi bragged that she and House Democrats “were very effective in passing the Obama agenda in 2009.” Hold on to your wallets, because Obama’s agenda is going to cost you in more ways than one. A key Obama agenda item is “climate change” and regulating energy use through some kind of cap and trade scheme. Despite what you may be hearing, the issue is not dead on Capitol Hill. Like healthcare “reform,” cap and trade passed the House and liberal Democrats desperately want to see it reach Obama’s desk because it’s a huge revenue source for the administration. That means it’s a great big tax. But there’s more.
The New York Times this week reported on a Harvard study measuring the economic impact of the administration’s proposed carbon caps. To reach the targets Obama has set by 2020, carbon will be taxed at $60 a ton. That translates into gasoline prices of $7.00 a gallon.
To me, the administration’s advocacy of $7.00 a gallon gasoline would seem like big news. But I did a Google news search and found virtually no coverage of this Harvard study in the “mainstream” media. I wonder why. Could it be that liberal reporters don’t want the American people to know the real cost of Obama’s agenda?
I think you also deserve to know that this study is not just a fluke. High gasoline prices are a priority for key administration officials like Obama’s Secretary of Energy, Steven Chu. In 2008, Chu told the Wall Street Journal, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” At that time, gas in Europe was going for about $8.00 a gallon. I think you need to know this information so you can decide whether you are willing or able to afford Obama’s agenda. And in 242 days you can let Nancy Pelosi know how much you appreciate all her hard work on Obama’s agenda.
Gary Bauer is is a conservative family values advocate and serves as president of American Values and chairman of the Campaign for Working Families. He submitted this article in an email to the ARRA News Service Editor. Bauer was a former Republican presidential candidate and served as President Ronald Reagan’s domestic policy adviser.
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