EDITOR OF REDSTATE
Will the Opposite of “Saved or Created” be “Killed or Wounded”?
Barack Obama wants everyone talking about the jobs he has saved or created, but it is time to put some attention on those jobs killed or wounded by Barack Obama.A case in point would be the oil industry. According to a report by CNS News, Barack Obama has killed or wounded 19,000 jobs due to his ban on drilling for oil. Of the 19,000 jobs lost, 13,000 jobs have been lost regionally along the Gulf Coast. The study, performed by Joseph Mason of Louisiana State University,
estimated that the new regional job losses due to the moratorium on offshore oil production in the Gulf region is now 13,000 – up from his original estimate of 8,000.Mason also estimated the national job losses to have increased from 12,000 to 19,000; regional wage losses to be $800 million, up from $500 million; national wage losses to be $1.1 billion, up from $700 million; lost tax revenues on the state and local level to be $155 million, up from $100 million; and lost tax revenues on the national level to be $350 million, up from $200 million.
Likewise, while Obama is taking credit for increased oil production in the United States, the fact is that oil production ramped up before Barack Obama became President and, in 2010, began going back down because of Barack Obama.The President of the United States is a one man wrecking crew of economic devastation who, along with a team of job abortionists, killing and wounding American jobs at an alarming rate.But we’ll always have Libya. And windmills!