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Impact of the Waxman-Markey Climate Change Legislation on Nebraska

On June 26, a 1,427-page climate change bill introduced by Representatives Henry Waxman (D-CA) and Edward Markey (D-MA) passed the House by a narrow margin. The bill, also known as Waxman-Markey, includes a number of alarming provisions, chief among them a cap-and-trade program that would attempt to curb global warming by imposing strict upper limits on the emission of six greenhouse gases, with the primary emphasis on carbon dioxide (CO2).
United States Edward Markey Heritage Foundation Center Representatives Henry Waxman United State Heritage Foundation

EPA-Mandated CO2 Reductions Will Lower U.S. Industries' Return on Equity

The global warming policy debate is increasing the calls forreduction of carbon-dioxide and other greenhouse-gas emissions. The proposal to allow the EPA to broadly regulate emissions under theClean Air Act will impose higher costs on U.S. industries, leadingto slower economic growth and lower employment. This will causedecreased productivity of U.S. industries and lower returns onequity.
United States Nicolas Loris Ben Lieberman Peter Kennedy David Kreutzer Karena Campbell

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Labor's Share of Income Little Changed Since 1948 | The Heritage Foundation

Many commentators claim that labor’s share of income has fallen to historic lows. They claim that a combination of automation, decreased unionization, and free trade reduced workers’ ability to command higher pay. However, changes in how the government measures self-employment income and faster depreciation explain—entirely—the apparent decline in labor’s share. Neither of these factors has any bearing on workers’ well-being. Adjusting for depreciation and self-employment shows that ...
New York United States Bureau Of Economic Analysis National Income Institute For Economic Freedom Heritage Foundation

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