The Obama Administration is trying to regulate Americans’ livelihoods away. Will Congress do anything to stop it?
The Environmental Protection Agency (EPA) is pushing regulation of “greenhouse gases”—something even its own officials have admitted would have no noticeable impact on the climate.
New Heritage research shows the devastating impact it would have, however, on American manufacturing jobs.
EPA regulation has been dubbed the “war on coal,” but Heritage’s Nicolas Loris and Filip Jolevski report that “the casualties will extend well beyond the coal industry, hurting families and businesses and taking a significant toll on American manufacturing across the nation.”
Just what would happen if these regulations went forward? Jolevski and Loris, the Herbert and Joyce Morgan Fellow, found that by the end of 2023 (emphasis added):
nearly 600,000 jobs will be lost, a family of four’s income will drop by $1,200 per year, and aggregate gross domestic product decreases by $2.23 trillion. read more>>> http://blog.heritage.org/2014/03/06/see-many-jobs-epa-regulations-will-kill-district/