This one should just be a no-brainer. We have a project that will create more than $20 billion in new spending for the U.S. economy. It will increase the personal income of Americans some $6.5 billion, along with increasing gross output (product) another $9.6 billion. This project will create more than $585 million in new revenue for states and will create 13,000 union jobs. Even better, this energy pipeline is fully paid for by private dollars, meaning no government financing. Yet President Obama and his administration has lobbied against the Keystone XL pipeline which would jumpstart a struggling U.S. economy. The administration has used excuses that doesn’t make sense to justify their opposition to this program. First it was the environmental concerns. When those were proven to be manageable, then the administration pointed to the pipeline route through Nebraska which had not received all of the regulatory approvals. [more...]
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