McCotter Decries “Hunter-Gatherer” Economy In Cap And Tax

MI Rep McCotter’s floor speech on Cap and Tax

Text:

“Today we consider a bill that claims that government can control the weather by raising your taxes, taking your job and dictating your life.  In my state of Michigan, with a 15% unemployment rate, we know we cannot afford this cap and tax bill.  Others, however, disagree.

“Make no mistake.  President Obama pronounced: ‘This is a jobs bill.’  He is correct—this bill will destroy jobs.  But then again, this comes from an administration that claims its trillion-dollar stimulus bill would stop unemployment from going over 8%.

“The argument for this bill is nuts on its face.  Government cannot design our economy and prosperity; it can only engineer our decline in poverty.  But such feelings explain why this job-killing cap and tax bill is a fundamental shift from a manufacturing economy to an old, green economy called hunting and gathering.

“Passing this abominable energy tax on working families in a recession shows this job-killing, budget-busting government doesn’t understand how much real Americans are hurting for work.  This is the hubris of big government:  the delusion that our families’ economic future rests in the manicured hands of Congress rather than in the hard-working hands of the American people.  I disagree and I urge the rejection of this bill.”

Rumor flying around DC as of 1:30 is that Waxman-Markey is being pulled…

My continuing coverage of Cap and Tax, here.