Monday, August 23, 2010

Will Cap and Trade Put Mom and Dad on an Allowance?

By Charlotte Hays

Perhaps you have never considered becoming a solar panel installer.

But passage of cap and trade legislation, now stalled but not dead, would mean that many working Americans, now productively employed in the manufacturing sector, could find themselves learning to install solar panels—at taxpayer expense.

Should the Democrats breathe new life into cap and trade, nobody knows exactly what form the legislation would take. Whatever form, however, good jobs will be lost. Families will be faced with the kind of demoralization that comes from underemployment or having the head of the household engaged in what essentially is paid busy work.

The Waxman-Markey bill, for example, the House version of cap and trade, accepts that layoffs are inevitable and simply tries to make them more palatable. A “climate change adjustment allowance” was included in the legislation. Any worker who is laid off because of cap and trade is eligible for the allowance. It will amount to 70 percent of what the worker was earning. And, if you think paying unemployment benefits for 99 weeks is bad, get ready for 156 weeks!

Be sure to read the rest…

[ Folks, I couldn’t make this stuff up if I tried. They know that so many people will lose their jobs that they are going to set up a whole new “unemployment” program. Am I reading this right? Is there a chance that our politicians have so far lost it that they can’t see this idiocy? I keep trying to fight a tendency to find conspiracy in stuff like this but what else can it be?- JS ]

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