https://issuesinsights.com/2021/01/26/meet-joe-biden-the-job-slayer/
When running for office, President Joe Biden repeatedly proclaimed that his policies would create 18 million jobs. But on his first day in office, Biden took actions that will put millions out of work.
One of the very first executive actions Biden signed was to kill the Keystone XL pipeline, a project that President Barack Obama had blocked for years, which President Donald Trump finally approved. Biden’s reason? To combat the “climate crisis.” While canceling the pipeline won’t have any impact on global temperatures, it will kill thousands of (mostly union) jobs.
As the plumbers and pipefitters union noted: “The Biden administration has now put thousands of union workers out of work. For the average American family, it means energy costs will go up and communities will no longer see the local investments that come with pipeline construction.”
Some estimates said the pipeline would employ 11,000 American workers in 2021 and create more than $1.6 billion in wages.
The same day, Biden imposed a 60-day moratorium on oil and gas leases on federal lands. The American Petroleum Institute calculates that, if made permanent, Biden’s ban will cost nearly 1 million jobs over the next two years and cut the nation’s economic output a total of $700 billion by 2030. Oh, and it will make the U.S. more dependent on oil imports.
As ABC News reported, Biden’s “moratorium on new oil and natural gas leases and drilling permits is prompting widespread concerns in New Mexico, where spending on education and other public programs hinges on the industry’s success.”