The scary question is, is he continuing to wound this recovery on purpose or by accident?
And which answer is worse?
Last Tuesday, President Obama announced his "Action Plan on Climate Change."
One of main "actions" is to kill a core piece of the US energy sector.
Among other things, he promised to use the Environmental Protection Agency regulation of carbon emissions to phase the U.S. out of coal fired power, even for existing stations.
Of course, environmentalists praised this move as a bold step against global warming.
Unfortunately, they're not very good at the economics of this.
So, I ran the numbers. And what I found was infuriating but not surprising: Regulations like this are the principal things slowing U.S. economic growth.
Did the Math