Jim Huffman on Energy & Oil

Cap & Trade scheme would produce ruinous uncertainty

Last year, Congress contemplated passing a ruinous "Cap & Trade" scheme, and a hefty corporate tax for health insurance. As Congress talked about passing these bills, what businesses and investors heard was "Stop! Stay on the sidelines! Don't invest, don't take risks, don't expand, because the rules might be changing!"

Government is not the source of jobs. Government policies CAN create an environment in which everyday people want to take risks. Government should avoid creating uncertainty.

Source: Campaign website, www.Huffmanforsenate.com, "Issues" Jul 27, 2010

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Page last updated: Nov 26, 2010