Thursday, October 8, 2009
Green Beer Not Green Jobs
Stein isn't exactly an Irish name, but I like green beer as much as the next guy on St. Paddy's Day. This whole "green jobs" thing has got my goat though. Politicians from Kulongoski to Obama have been touting green jobs as the salvation of our battered economy. Did you know that Spain has been at this for awhile and the results aren't quite as advertised. Consider:
"Obama is promoting "green jobs," as if producing energy more expensively would help the economy. If Spain's experience with subsidies for wind and solar production is any indication, net jobs will be lost, not gained. A study by Gabriel Calzada, economics professor at Madrid's King Juan Carlos University, calculated that Spain lost 2.2 jobs in other industries for every government-subsidized green job that was created." (emphasis added).
I can hardly wait. What will they do next to "help" us?
www.americanthinker.com/2009/10/exit_strategy_from_the_great_r.html
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