{"id":1362,"date":"2009-10-14T17:16:30","date_gmt":"2009-10-14T21:16:30","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=1362"},"modified":"2009-10-14T17:16:30","modified_gmt":"2009-10-14T21:16:30","slug":"cbo-climate-change-bill-will-cost-jobs","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/1362\/cbo-climate-change-bill-will-cost-jobs\/","title":{"rendered":"CBO: Climate Change Bill Will Cost Jobs"},"content":{"rendered":"<p>No surprise here.\u00a0 According to CBO chief Doug Elmendorf, &#8220;The net effect of that [climate change legislation] we think would likely be some decline in employment&#8230;.\u00a0 The fact that jobs turn up somewhere else for some people does not mean there aren&#8217;t substantial costs borne by people, communities, firms and affected industries.&#8221;<\/p>\n<p>To think that drastically increasing the cost of carbon without any impact to labor in the energy sector is absurd.\u00a0 Thankfully, the CBO agrees and is finally cautioning Congress against cap-and-trade proposals.\u00a0 <a href=\"http:\/\/online.wsj.com\/article\/SB125555070414585571.html#printMode\" target=\"_blank\"><span style=\"text-decoration: underline;\">Click here<\/span><\/a> for the full article.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>No surprise here.\u00a0 According to CBO chief Doug Elmendorf, &#8220;The net effect of that [climate change legislation] we think would likely be some decline in employment&#8230;.\u00a0 The fact that jobs turn up somewhere else for some people does not mean there aren&#8217;t substantial costs borne by people, communities, firms and affected industries.&#8221; To think that [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,40,293],"class_list":["post-1362","post","type-post","status-publish","format-standard","hentry","category-posts","tag-cap-and-trade","tag-congressional-budget-office","tag-doug-elmendorf"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=1362"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1362\/revisions"}],"predecessor-version":[{"id":1363,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1362\/revisions\/1363"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=1362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=1362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=1362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}