He told you he planned to do this, but you voted for him anyway. The Poverty Creator-In-Chief has kept his word. I know, we don’t officially subscribe to cap-and-trade, but that is exactly what is happening via the EPA.
Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive yearly increase above the inflation rate, a USA TODAY analysis of government data found. The jump has added about $300 a year to what households pay for electricity. That’s the largest sustained increase since a run-up in electricity prices during the 1970s.
Electricty is consuming a greater share of Americans’ after-tax income than at any time since 1996 — about $1.50 of every $100 in income at a time when income growth has stagnated, a USA TODAY analysis of Bureau of Economic Analysis data found.
Greater electricity use at home and higher prices per kilowatt hour are both driving the higher costs, in roughly equal measure.
Now, what has Obama done to create this? Well, he gave the EPA broad new powers via an executive order and they have gone wild in implementing regulations. He halted oil drilling in most areas including offshore, he stopped the Canadian oil pipeline that would have run all the way to Texas, he hates coal and has put new restrictions (via the EPA) on coal production. He pushes us all in to the heavily subsidized and extremely inefficient “alternative energy” crap. Realistically, he is doing everything in his power to make energy much more expensive, so we all become reliant on the government subsidized, socialist alternative energy. That’s his plan and he even said so many times.
