...transportation: gas prices would go up by 58%, and the entire supply chain (motor vehicles and auto manufacturing, auto parts manufacturing, truck and bus bodies, motor vehicle parts and accessories, truck trailers, motor homes, aircrafts, aircraft engines and parts, ship and boat building and repairing, railroads and railroad equipment, and motorcycles and bicycle parts) would lose jobs
...chemical plants and chemicals: the chemicals industry is one of the most energy-intensive industries in the United States; since cap and trade artificially drives up the price of energy by taxing the use of carbon-emitting fossil fuels, costs for this entire sector will skyrocket
...wood products: everything from logging, sawmills and planning mills, manufacturing veneer and plywood, treating wood products, building wood and mobile homes, building wood containers and pallets, etc. will get hammered (pardon the pun), shedding tens of thousands of jobs
...machinery: like chemicals, manufacturing machinery is very energy intensive
...paper, plastics, and rubber: also energy intensive; the bill includes a provision for unemployment insurance (the Dems know these industries will be hit hard), but it only covers 1.5% of those who will be out of a job
...electrical equipment and appliances: artificially increasing energy efficiency (which this bill does) will jack up the purchase prices of this stuff; again, the included unemployment insurance only covers 1.5% of those who will lose their jobs in these industries
...manufacturing: raising energy costs will destroy manufacturing, sending millions of jobs overseas where the labor is much cheaper due to less regulation
The Heritage Foundation created a Manufacturing Vulnerability Index (MVI) to show which states would be hit hardest from cap and trade. It works like this: The percentage of employment based in manufacturing in each district was multiplied by the percentage of power generated by coal. The higher the MVI, the more vulnerable a particular area is to the economic harm imposed by a policy that limits CO2.
Of all the industries listed in this post and the previous one, how many of you work in one of them? How many of you have family or friends working in one of them? You're going to be personally affected by this cap-n-tax bill.
Now, let's take this one step further. If all of these industries are going to get hammered, what will be the ripple effects to every other area of the economy? With unemployment spiking and rampant economic mayhem, people aren't going to spend money unless they absolutely have to. That's going to affect essentially every non-critical business in the country in a bad, bad way. Electronics stores, restaurants, interior decorators, house cleaners, painters, antique stores, sports...the list is endless. This will be a monstrous economic calamity.
I tend to think of the whole energy sector as one of three pillars of the American economy, with the other two being the financial industry and the health care industry. Obama already has the financial industry under his thumb; with control of the energy sector and health care, he'll be able to control essentially everything in America.
Make the calls, then forward this information to as many people as you can.
There's my two cents.
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