Barack Obama and Harry Reid are having trouble getting cap and trade passed through the Senate. And it is not the Republicans who are the problem. Even with a filibuster proof Democrat majority, Democrats cannot get cap and trade passed.Why?Democrats are beginning to admit Barack Obama’s environmental agenda will destroy the economy.
“The problem of doing both of them together is that it becomes too big of a lift,” Senator Blanche Lincoln of Arkansas said in an interview last week. “I see the cap-and-trade being a real problem.” . . . .Ben Nelson of Nebraska and North Dakota Senators Kent Conrad and Byron Dorgan joined Lincoln in suggesting that the climate measure be put off.
The problem though is Barack Obama has set up a catch-22 situation. His Environmental Protection Agency has asserted its power to regulate carbon dioxide if Congress doesn’t.So one way or the other, our economy is probably screwed.