House advances Cap & Trade bill

[firstdown]

Originally Posted by saden1

As always doing analysis from a business angle and not the right and fair angle. I wonder if The Heritage Foundation did the same GDP analysis with respect the Iraq war and the Wall St. Journal reported it? In 2020 our GDP is expected to be 29 trillion and while 161 billion is real money the real question should be does the cost (0.0055 % of the GDP) justify the result?

The only cost that matters to me and you is direct out of pocket cost because that's real money you will lose.


p.s. I wonder what the GDP cost of bailing out Florida every time a hurricane strikes is?

All the storms in FL over the past 5 year was probably 1/1000 the cost of NO.