EPA the new IRS? USA the new USSR?

I need to know what people think of Krauthammer’s claim that the EPA has taken on more intrusive authority than any governmental agency since the IRS. Please don’t bother with the ad hominems. I want to hear responses to his claims.

This issue matters.

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5 Responses

  1. I agree with John Derbyshire of National Review Online, “We are Doomed”.

    http://www.economist.com/blogs/democracyinamerica/2009/07/twelve_questions_for_john_derb

  2. Here’s the other part of this. Every time the Dem’s create a program requiring new taxes from the individual or business, whether it’s from an executive order for the EPA, Health Care, Cap and Trade or HR-2454:American Clean Energy and Security Act of 2009, we are putting nails in our economy’s coffin.

    How does America effectively compete with the rest of the world when the cost of doing business shackles America’s economy? How will Americans be able to pump their discretionary income into the economy when they have less money in their pockets because of ever-increasing taxes?

    Consider too that America’s business leaders will be looking for new ways to compete with the rest of the world. It will probably result in American businesses sending more jobs off-shore to take advantage of a more hospitable business climate. This will no doubt add to the already rising rate of unemployment which will further reduce the level of discretionary income to be pumped into the already anemic economy.

    It doesn’t take a rocket scientist to figure out that when consumers are over-burdened with taxes, it means less discretionary income to spread onto the economy. Without that revenue, businesses will report a smaller tax basis to the federal government and to their surprise, their tax revenue doesn’t increase, it actually decreases. What is worse is that business will not be able to replenish an inventory which doesn’t move off the shelf and so factory orders will diminish as well. This will lead to more unemployment, more factory closings and will leave this Obama administration believing they didn’t raise taxes high enough.

    Maybe Obama is starting to “get it”.

    President Obama “spoke candidly” in an interview with Fox News (November 18) from China, warning about the risks of spending money to “stimulate” the economy without increasing the already astronomical deficit.

    He also spoke about tax incentives for businesses to reverse the rising unemployment rate.

    “There may be some tax provisions that can encourage businesses to hire sooner rather than sitting on the sidelines. So we’re taking a look at those,” Obama told Fox News’ Major Garrett.

    “I think it is important, though, to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession.”

    A double-dip recession is when gross domestic product (GDP) growth slides back to negative after a quarter or two of positive growth. It refers to a recession followed by a short-lived recovery, followed by another recession.

    The causes for a double-dip recession vary but often include a slowdown in the demand for goods and services because of layoffs and spending cutbacks from the previous downturn.

    A double-dip (or even triple-dip) is a worst-case scenario. Fear that the economy will move back into a deeper and longer recession makes recovery even more difficult.

    To be clear, Obama should be cutting taxes, not raising them.

    At this point it would appear America is on the verge of being taxed to death and suggests President Obama’s tax and spend policies will continue to exacerbate America’s anemic economy even further.

    2010 can’t get here fast enough.

  3. The last line gives some hope. 2010 is becoming increasingly important.

    I wonder if Obama cares about his ratings or the response to his programs.

    • I don’t know if Obama does or not. If we can use his actions as a guide, I’d say “no”, he does not care about ratings.

      I sometimes wonder if any president should care once in office. After all, they were put into office with a mandate to proceed with his policies.

      Obama is proceeding with the docket as defined by Pelosi who I suspect sees that America has no appetite for yet another social-program being shoved down our collective throats.

      The bigger question for me is this; why didn’t America’s voting public do a better job at vetting this guy?

      When I look at what controls the media (Sorros) and understand the reality of subversion on our college campuses (Ward Churchill, for 1 example), I understand why we have 53% who thought it would be just fine to place a community organizer into the most powerful office on the planet.

      I hold fast to hoping 2010 brings in a new era of change.

  4. I read the piece. Krauthammer makes the point with,

    Since we operate an overwhelmingly carbon-based economy, the EPA will be regulating practically everything. No institution that emits more than 250 tons of CO2 a year will fall outside EPA control. This means over a million building complexes, hospitals, plants, schools, businesses and similar enterprises. (The EPA proposes regulating emissions only above 25,000 tons, but it has no such authority.) Not since the creation of the Internal Revenue Service has a federal agency been given more intrusive power over every aspect of economic life.

    The EPA’s intrusion threat is a credible one. No building, no business and no moving object will escape scrutiny. In addition, no expense will be spared to satisfy the EPA’s standards, whatever they are. It would be foolish to believe the costs will not be passed on to every consumer. Gas, heat, A/C, parts, transportation; everything and anything purchased will have a new up-charge to help the business maintain that already narrow 2-3% profit margin. (I won’t mention the taxation for health-care and cap and trade looming on the horizon).

    As Obama initiated EPAs edict by executive order, so too can it be reversed.

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