A favorite liberal tactic is to ignore the economic cycle and compare times of recession to an economic pique of the past. This chart from a 1997 Heritage Foundation article illustrates this point about the Reagan years:

We are currently in a recession and families are struggling, but let’s not pretend this is some sort of fundamental failure of capitalism since socialist policies have NEVER abolished the economic cycle anywhere in the world. Oh, wait, that’s not true, under Soviet communism it was like a depression all the time, so not much of an economic cycle there. When the economy is back on the upswing, the middle class will be getting ahead once more, unless Barack Obama manages to do more damage to the free market system that is.

In the following video Drew Carey discusses the tremendous gains in standard of living the middle class has experienced over the past few years and decades:

Under my plan of cap and trade system, electricity rates would necessarily skyrocket.

So electricity rates would skyrocket. And it’s not just electricity that will be more expensive. Since all production requires energy in one way or another, the price of everything will go up.

Cap and Trade is another way of raising taxes on everybody without having to admit it. In this method of taxpayer deception, the government taxes corporations, which then pass on the costs on to you.

Even the low income credits designed to offset purchasing power lost due to Cap and Trade, which are included within the Waxman-Markley comprehensive energy bill, leave most of the burden to the middle class. It’s always the middle class that gets swindled under socialist policies.

Regardless of the validity of climate change legislation, why do people keep falling for socialists’ promises to pay for everything by taxing the rich?