[i]
A second component of Obama’s plan is a blizzard of increased regulatory costs and barriers. The chief rainmaker here is the EPA, which is imposing through regulation the cap and trade legislation that even an overwhelmingly Democrat Congress refused to pass. That is just brewing up, but will effectively be another tax increase of trillions on the economy through higher electricity, gasoline, and other energy costs. Further EPA regulatory storms are forcing the shutdown of coal fired power plants all across the country, and preventing the construction of new ones, exactly the opposite of China.
DadZilla3 wrote: