Monday, August 02, 2010

House Democrats Vote To Kill More Jobs

I don’t know why this would surprise anyone, but once again, the Democrat led House of Representatives has chosen to push through legislation to send to the Senate that is another obvious job killer.

Under the guise of improving safety on offshore oil drilling, referring to the Deepwater Horizon accident 3 months ago, Democrats in the House have pushed through a bill to Overhaul System of Offshore Drilling .

The bill passed the House by a 209-193 vote and sent on to the Senate, where it “faces an uncertain future.”

Congressional Republicans and Oil-state Democrats all are “warning that the bill will put independent oil and gas producers out of business,” in an area already reeling with high unemployment and no recovery in sight.

A contentious portion of the bill will eliminate the cap on economic damages should another spill occur. Small oil companies say they will not be able to purchase insurance on their operations and insurance companies have already said, “they will not offer offshore-drilling insurance without a cap on damage claims.”

Barry Russell, president of the Independent Petroleum Association of America says,

“While trying to punish 'Big Oil,' Congress is actually harming small, independent companies who produce the majority of America's natural gas and oil.”

At a time of severe economic recession coupled with rising energy costs, the Democrats and the Obama administration are rushing headlong with measures that can only further hurt the country’s well-being and our ability to survive, not to mention making us even more dependent upon foreign oil sources.

In fast-tracking the bill through the House, West Virginia Democrat and head of the House Natural Resources Committee, Nick Rahall said,
“This will ensure that oil and gas development on federal waters is done in a safe, fiscal and environmentally sound manner.”

The American Petroleum Institutes president, Jack Gerard said prior to the bill passing,
“Majority Leader Reid suggests his bill will create 150,000 new jobs, but our analysis indicates that failing to develop in the deepwater of the Gulf of Mexico will cost more than that - 175,000 jobs, the majority of them in already hard-hit Gulf Coast communities.”

Upon hearing the bill passed, Gerard released a statement,
“The House bill passed today will kill jobs, threaten our fragile economic recovery and place our energy security at risk. This is an anti-jobs, anti-consumer and anti-energy bill. Instead of addressing the risks of offshore development by improving safety and establishing a robust system for covering the costs of possible future accidents, this bill effectively bans development and sends thousands of workers in offshore communities to the unemployment lines.”

“The unlimited liability provisions will drive the vast majority of American companies out of U.S. waters because they will not be able to obtain insurance coverage. Those remaining will be subject to huge cost hikes, reducing energy production, economic growth, American jobs and government revenues.”

“While the House recognized that the deepwater moratorium is a jobs killer, we need real action and call on the administration to lift the moratorium to allow our people to get back to work. The inability to develop in the deepwater of the Gulf of Mexico, whether through an explicit moratorium or through policies that creates a de-facto moratorium, will cost more than 175,000 jobs a year, the majority of them in already hard-hit Gulf Coast communities.”

“Americans want and deserve improvements in offshore safety and this can be accomplished without putting thousands of people out of work and increasing the nation’s reliance on foreign sources of energy.”

We need energy sources as much as any other nation, nations that are being pressed upon to accept such sub-standard representation from government. We are constantly told how “big-oil” is our enemy, but they at least supply jobs, pay massive taxes and improve our living standards.

Big government appears more to be the enemy as more and more in every walk of our lives; they tighten the stranglehold on the American people, now through energy.

Alternative sources and so-called “green energy” sources are years away from being perfected or supply the amount of energy available from petroleum products and none are as economical as petroleum. Other countries that thought “green energy” was going to create jobs have discovered that it actually costs jobs.

See Spanish Study Sparks Skepticism About Green Jobs and The Fallacy of 'Green Jobs.'

In 2006 Nancy Pelosi campaigned on a platform of “A New Direction for America.” She made the promise of,
“The New Direction for America advances the right priorities – to make our nation safer and our economy fairer; to make health care and college more affordable; to energize America with energy independence; and to guarantee a dignified retirement for all Americans.”

In 2008, Barack Obama campaigned on “Hope and Change” and now tells us that “we cannot go back to the failed policies of the Bush administration.”

I don’t know about you, but I enjoyed a much better living standard under those “failed policies of the Bush administration.”

We must wrest control of the country from Barack Obama and the Democratic cartel running rough shod over America. Personally, I cannot afford any more “Hope and Change” and Pelosi’s “New Direction for America” is not one that has benefitted anyone but the left-winged elite.

We need to elect people this November that will practice sound energy policies and allow us the opportunity to utilize our own energy resources, while we work towards the alternatives. Once viable, the free market will provide for our energy needs, as it always has, without having to grant massive subsidies in order to have it.

As Barry Russell quoted above also said,
“Members of Congress who vote for this bill will have a lot to explain when they leave Washington this weekend for the congressional August recess.”

It’s up to us. This November, vote every one of these job killing Democrats out, for good!


Unknown said...

Actually democrats create more jobs than republicans:

The trickle down concept has never worked and now the rich are no longer investing in America and many companies are moving their headquarters offshore to avoid taxes

LewWaters said...

Uh, HW, when government jobs approach the same number of private sector jobs, collapse follows.

Yes, the Democrats love creating government jobs. But, without private sector jobs to refill the treasury, there will be no treasury to pay those government jobs.

Leftwingers have not yet figured that out. That's one reason there is no recovery, just deepening debt.

Long ago the Democrat party knew that and after WW2, cut taxes to spur growth with all of the returning Troops.

Killing private sector jobs while growing the government is the perfect recipe for failure.

Unknown said...

Not to sure about your figures - The federal civilian work force increased from 2.8 million to 3 million under Reagan AND taxes increased.
Under eight years of Bill Clinton, to choose another president at random, the federal civilian work force went down from 2.9 million to 2.68 million. As a share of GDP, federal spending shrank from 21.5 percent to 18.3 percent under Clinton —more than double Reagan's reduction, ending up with a federal government share of the economy about a tenth smaller than Reagan left behind.

Again from another source the reality of the Republican wealth re-distribution:

LewWaters said...

One minor detail in your point you overlooked, HW. Spending bills and legislation is written and passed in Congress an signed by whoever is president at the time.

Reagan had a Democratic majority Congress. Clinton had a Republican majority Congress most of his time.

Ya'll always forget that little part when you "randomly" select Reagan and Clinton.

Unknown said...

Doesn't the president propose the budget every year? Did you forget that? ;-)

As Ezra Klein of the Washington Post observed: "The Obama administration has dropped taxes for small businesses and big ones alike. The reality is that America's supposedly anti-business president has led an extremely pro-business recovery. Businesses are sitting on about $2 trillion in cash reserves. Business spending jumped 20 percent last quarter, and is up by 13 percent against 2009. "

The Obama administration is a welcome change from the BushCheney years. Against severe Republican opposition, President Obama has kept campaign promises to reform health care, curb Wall Street excesses, create a federally-funded stimulus program to help bring the nation out of the recession, and to remove American troops from the needless Iraq war, which has already cost Americans more than $740 billion and 4,400 lives. He has also pledged to eliminate the BushCheney tax cuts for the rich, while not raising taxes on the middle- and lower-classes.

LewWaters said...

HW, a president only send their proposed budget to Congress. Congress then shreds it, adds to it and pretty much passes what they want, not necessarily what the president proposed.

Surely you know that.

And yes, everything is all better, go back to sleep, it's all fine. Except, CNBC reported Friday, Jobs Picture Worsens With 131,000 Losses; 9.5% Rate

I find it quite laughable that you lefties continue in your quest to punish the very people that create the jobs that we need to replenish the treasury, and expect them to continue creating jobs.

But, that's why socialism has always failed, lack of common sense and the erroneous belief that a government can fix everything, neglecting they were who screwed it all up in the first place.

And, those "tax cuts" on small business. Is that why so many are opposed to Obamacare, knowing hey will be paying through the nose?

Is that why the oppose the Democrats Cap & Tax bill, knowing they will pay through the nose?

Is that why we are so much deeper in debt and unemployment is rising again, now that the census jobs added are drying up?

And, what's his answer? Borrow more money to spend?