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Third Time’s a Charm

December 22, 2010

Hey, we’ve already cost ourselves a congressional majority that we thought would last a lifetime.  Our popularity is dropping to the level of the Bubonic Plague.  I know, let’s make sure we do not onenot two… but THREE business-crippling administrative actions before the end of the year.  It’ll be a trifecta of suck!

After initially appearing to retreat in the face of the midterm onslaught, Barack Obama and EPA Administrator Lisa Jackson have decided to pursue an end-run strategy to impose regulation on energy producers regarding greenhouse-gas emissions.  The move sets up a confrontation between the White House and Congress, which has already signaled a willingness to play hardball with Obama on regulatory innovation.

So I was just making an analogy earlier this morning when I compared health insurance rate-capping to the power industry.  I didn’t mean they should use it as an example of what to do next…

I’m all for ensuring that power generation is effective, but here’s a point that the administration seems to miss… it’s not just us.  Forcing power companies in the US to conform to untenable regulations means that the cost of energy in the US goes up, while the rest of the world can happily burn whatever it wants to generate power.  This is just putting the US at a competitive disadvantage.  So now when jobs flow to China, and the industries cite the cheaper cost of power… what to do?

I’ve made most of the points I need to make in the other two posts, go read those.  I just wonder where they’ll go next?  But I won’t speculate, since I’m concerned they’ll try it.

2 Comments leave one →
  1. December 22, 2010 7:28 pm

    Silly journalists – triangulation is for BUBBA! Seriously – whoever thought this administration was going to tack right like Clinton was fooling themselves. They were assuming a politician who wanted to GOVERN, not an idealouge who wanted to RULE

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