THE PURPOSEFUL DESTRUCTION OF EMPLOYMENT BY OBAMA

Submitted by The Heritage Foundation The Job Killing President by Tierra Warren

With 14 million Americans unemployed, you’d think President Obama would be open to job creating solutions. But the opposite seems to be true. Last week, the Obama administration announced it would delay a decision on the Keystone XL oil pipeline until after the 2012 elections–a $7 billion pipeline that would bring more than 700,000 barrels of oil per day from Alberta, Canada to theTexas gulf coast. Over the last several months, President Obama had been feeling the heat from radical environmentalists and Hollywood’s celebrity base to block the construction of the pipeline.  As The Heritage Foundation’s Mike Brownfield explains, the administration’s retreat on this issue shows “politics is more important than achieving true energy independence for the United States.” Still touting his American Jobs Act, a new taxpayer-funded “stimulus,” the President fails to realize the Keystone pipeline would have been a jobs and revenue creator. By some predictions, tens of thousands of jobs would have been created to build the 3,204 miles of pipeline, all while generating $5.2 billion in property tax revenue for Montana, South Dakota, Kansas, Oklahoma,Nebraska and Texas. And the best part? Not a single taxpayer dollar would be spent to fund this. The project would be funded by private dollars. The project should be a no brainer for the administration. Continue reading why on myHeritage. What do you think? Is the President playing politics with the Keystone pipeline? Do you think the pipeline boosts America’s energy independence?