Recently, China overtook the United States as the largest Economy in the World. The USA economy has been derailed by the current White House administration by redistribution, irresponsible fiscal policies, higher taxes, over regulation mostly by the EPA.
CNS News found the “Environmental Protection Agency (EPA) has issued 3,120 new final regulations, equaling 27,854 pages in the Federal Register, totaling approximately 27,854,000 words.” Last week the EPA slammed the coal industry with massive regulation “which has got coal-fired power plant operators fuming. The coal ash rule not only comes with a hefty $735 million per year price tag, but the coal industry also argues it creates lots of uncertainty for plant operators”, reported the Daily Caller.
The current White House administration is exporting record amounts of coal, gasoline and diesel; especially to Panama and China. “That’s because the U.S. is sending more dirty fuel than ever to other parts of the world, where efforts to address the resulting pollution are just getting underway, if advancing at all. While the exported fuel has gotten cleaner, in the case of diesel, about 20 percent of the exports are too dirty to burn here.” ABC News – Fuel to the Fire?