Tuesday, September 21, 2010

Study: Obama adminstration underestimated moratorium job loss | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

Study: Obama adminstration underestimated moratorium job loss | The Daily Caller - Breaking News, Opinion, Research, and Entertainment: "An interagency report released last week by the Obama administration underestimated the number of jobs lost because of the deepwater drilling moratorium in the Gulf of Mexico by about half, according to a study released Tuesday by the American Energy Alliance.

The study, conducted by Dr. Joseph Mason, endowed chair of banking at Louisiana State University, found that the moratorium has cost the Gulf region 19,536 jobs, not the 8,000 to 12,000 jobs estimated by the Department of Commerce report."


Thank goodness Obama is not beholden to any "special interests," like the environmental lobby. I think it's better to be safe (i.e. put 19,000 people out of work) than sorry (risk another oil spill).

1 comment:

  1. dont worry yer purdy little haid none GTT, our prezedint knows zaggly what he's a doin........
    i'd shorelly foller him inta hail........... just a'clinging.......
    n'stuff.........

    ReplyDelete