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There's A War On America's Biggest Energy Resource - And Jobs Are the Casulaties

By Rep. Ed Whitfield
FoxNews.com 

Economists call it "the jobs multiplier effect" – each new job created in turn supports other new jobs. A new pool of workers means new salaries being spent in local economies for everyday needs at places like the supermarket, the car dealer, or the dentist.

The jobs multiplier can also work in the opposite direction when people are laid off, causing a domino effect of job losses due to decreased spending in local communities. And that’s exactly what’s happening today. The regulatory attack of President Obama’s EPA on affordable electricity is unleashing a negative multiplier effect that is resulting in lost jobs and hurting local economies all across the country.

This is puzzling, to say the least, in that the president himself has spoken of the need to draw on all of our energy resources to meet our electricity needs. But his Environmental Protection Agency clearly has a different agenda.

Since 2009, EPA has been rolling out an unprecedented wave of new regulations targeting the coal-fired power plants that provide nearly half of the nation’s electricity and support thousands of jobs both directly and indirectly. 

http://www.foxnews.com/opinion/2011/11/01/theres-war-on-americas-biggest-energy-resource-and-jobs-are-casualties/#ixzz1cbJLKfpu