HOW'S THAT OBAMA VOTE WORKING OUT FOR YOU???

Wednesday, July 8, 2009

THE CAP & TAX CHARADE

Remember when Nancy Pelosi claimed the bill was all about JOBS, JOBS, JOBS??
Well if it's all about jobs, why does the bill contain a clause that says:

Workers who lose their jobs if the pending climate change legislation becomes law could get a weekly paycheck for up to three years, subsidies to find new work and other generous benefits -- all courtesy of Uncle Sam -- under a little-noticed provision of the bill.

Touted by its House Democratic authors as a jobs engine, the bill offers extraordinary compensation for those who would lose their paycheck as a consequence of its passage.

Adversely affected employees in oil, coal and other fossil-fuel sector jobs would qualify for a weekly check worth 70 percent of their current salary for up to three years. In addition, they would get $1,500 for job-search assistance and $1,500 for moving expenses from the bill's "climate change worker adjustment assistance" program, which is expected to cost $4.2 billion from 2011 to 2019.

This bill isn't about jobs, it's about JOBS LOST!!!

Posted by Joaquin at 8:10 AM

1 comment:

Quite Rightly said...

What's your problem?

Think of all those overtime hours and new job postings for unemployment counselors.

Geesh.

July 8, 2009 at 10:22 AM

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