 merrie says: David McArthur, vice president of the 52-year-old family operation, a Gateway City institution, is one of a growing number of business owners and taxpayers nationwide who are mobilizing against the so-called cap-and-trade bill . . . "We make (our product) with electricity, we bake it with gas, we refrigerate and freeze it with electricity and we distribute it with gas and oil," said McArthur, who said he worries that high prices could cost his company up to $15,000 a year in an industry with a very tight margin for profit. The legislation requires that the country reduce greenhouse gas emissions by 17 percent by 2020. Big energy plants and producers would have a cap on emissions like carbon dioxide, but could purchase "credits" from other companies that have met their reduction goals. The Obama administration says it will pump hundreds of billions of dollars into the economy. "Russ Carnahan voted to ... close us and other ... small business." The Congressional Budget Office has estimated that the plan would have a minimal effect on most taxpayers, costing an average family about 25 cents a day in its first years of implementation. But the effect on small businesses could be wide-reaching. “He’s killing small business — he’s killing us,” McArthur said of Carnahan, who was one of a majority of Democrats who voted for the bill in a closely fought 219-212 vote. David McArthur’s brother Randy spoke at the St. Louis-Washington Tea Party Protest on the 4th of July. A couple of Dana Loesch and Reboot Congress interviewed David McArthur last week. Previously: Local Bakery Revolts Against Congressional Cap-&-Taxer Russ Carnahan Brave Mi... |
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