"Fact Checker" Repeals The Laws Of Supply And Demand: The Bias Of PolitiFactby HANS BADER
Sep. 03, 2012
'People Could Go To Jail': OAN Reports WH Leakers Identified, Trump Set To Fire Three Staffers
Poll: 59% Of Democrats Believe Russia Changed Vote Tallies To Elect Trump
CNN: Manchester Bombing May Be 'Right-Wing False Flag'
Full Transcript Of Trump's Call With Philippines President Rodrigo Duterte Leaks
Richard Spencer Has Gym Membership Revoked After Getting Yelled At By SJW Professor
The left-leaning, self-proclaimed “fact checker” PolitiFact ignored the most basic economic law, the law of supply and demand, in claiming that cap-and-trade legislation, which is designed to limit energy consumption and increase the price of energy from non-renewable sources, could actually result in "an average lower cost for consumers." Even the supporters of such legislation, such as President Obama, have admitted that such legislation increases energy costs to consumers. In a January 17, 2008, interview with the San Francisco Chronicle, Obama said that "electricity rates would necessarily skyrocket" under his cap-and-trade plan to fight global warming. Similarly, a CBS analyst pointed out that a Treasury Department analysis estimated the cost of the Obama administration's cap-and-trade plan at $1,761 per year for the average American household.