Obama's Employment Policy Alter Egos; President Pushes Doomed Green Jobs While Blocking Work in Oil Industry

The Washington Times (Washington, DC), September 15, 2011 | Go to article overview
Save to active project

Obama's Employment Policy Alter Egos; President Pushes Doomed Green Jobs While Blocking Work in Oil Industry


Byline: Thomas J. Pyle, SPECIAL TO THE WASHINGTON TIMES

When it comes to putting Americans back to work, President Obama has two distinct alter egos. One acts to systematically dismantle one of the most productive sectors in the economy while the other speaks passionately in favor of job creation.

Despite the fact that the oil and gas industry supports more than 9 million domestic jobs and adds more than $1 trillion to the American economy each year, Mr. Obama continues to wage all-out war against the American energy industry now with the American Jobs Act. The president's jobs plan is to implement a $40 billion national energy tax on Americans.

In North Dakota, the Obama administration is actively seeking to obstruct new natural gas production using advances in the technology of hydraulic fracturing. This roadblock to new energy production is threatening one of the biggest job bonanzas in the state's history. In Louisiana, Mississippi and other Gulf states, a prolonged slowdown of offshore drilling permits has put an estimated 155,000 Americans out of work, according to an independent study by Louisiana State University finance professor Joseph Mason. Even in states far from the Gulf, suppliers are reeling from lost business. Many offshore drilling rigs and the good-paying jobs that go with them have relocated to other countries and will not return for years, if ever. In Alaska, the administration is stifling job creation by imposing new restrictions on existing public-lands permits despite the billions of dollars invested there already.

Massive new taxes on energy producers proposed by the administration pose a further threat to good-paying jobs. A new study by Mr. Mason concludes that the additional tax burden on the industry would trigger 155,000 fresh job losses at the cost of $68 billion in lost wages. A recent analysis by the energy research and consulting firm Wood Mackenzie concludes the higher taxes on the industry would cost about 170,000 direct and indirect jobs by 2014 while costing billions in lost revenue and slashing domestic production by 700,000 barrels per day.

While the president takes a wrecking ball to the job market, his alter ego talks of a nation that must focus on putting America back to work. The president points to the green jobs market as a feature of his government-induced job-creation program.

Previous government attempts to convert taxpayer dollars into the green-energy sector can only be described as colossal, wasteful failures.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Obama's Employment Policy Alter Egos; President Pushes Doomed Green Jobs While Blocking Work in Oil Industry
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?