September 18, 2008

Rep. McCotter's Open Letter to the Gang of 10/16/20

Yet another occasion where Thaddeus McCotter (R-Awesome) identifies himself as one of the rare birds in Washington with an ounce of sense.

Via HotAir:

On behalf of our constituents and every American, we U.S. House Republicans urge you to reconsider your well-intentioned but ill-advised proposal to unleash but a portion of our nation’s energy supplies.

As you are doubtlessly aware, America’s energy crisis is harming people: high gasoline, natural gas and other energy supply prices are reducing margins for manufacturers, small businesses, all entrepreneurs and workers by raising input prices, which hit the most vulnerable in society extremely hard, particularly working people. Furthermore, higher transportation costs to move products and employees are leading to shrinking profits, reduced investment, downward pressures on real wages and a downward spiral on earnings. These ominous, convergent factors risk a period of economic stagflation not suffered by Americans since the 1970s.

Thus, we are compelled to oppose your present proposal.

Full letter here.


By Ragnar Danneskjold, Typical Bitter Gun-Clinger at September 18, 2008 02:06 PM | | l digg this