by Liz Peek, The Fiscal Times
If you wanted to undermine China’s growth, you would jack up labor rates. If you aim to slow the U.S., raise the cost of energy. That is exactly what President Obama wants to do.
The president recently repeated his pledge that the U.S. will cut our greenhouse gas emissions by 26 to 28 percent below 2005 levels by 2025, his opening gambit towards reaching an international climate change deal this coming December. Not surprisingly, he didn’t mention the price tag.
It takes an investor to cut to the chase on Mr. Obama’s legacy hunt. Read the entire story.