Wednesday, January 13, 2010

The idiocy of the "green jobs" stimulus

The Obama plan for green jobs comes at a White House estimate of $135,295 per job.

President Obama's announcement earlier today of an additional $2.3 billion in federal tax credits for creating approximately 17,000 subsidized temporary jobs in the green energy industry is drawing a less than enthusiastic response from Thomas J. Pyle, president of the Institute for Energy Research:

"Show me one other industry that requests and receives a nearly 30 percent taxpayer subsidy. That's what the wind and solar industries require - at a minimum - to exist. All the president did today is throw more money at an unproven technology that is not economically viable in the marketplace. Unfortunately, the only winners in this latest taxpayer giveaway will be Wall Street money managers and corporate interests in the wind and solar industry.

Here's my "moderate" proposal. Since the Dems are going to push for this anyway, despite the colossal waste of cash and the questionable viability of the technology; can't we just pay 17,000 random dudes about $65k, call it square and not fuck with proven energy sources??

2 comments:

  1. Are they hiring any attorneys?


    Blackwood Practitioner

    ReplyDelete
  2. A repeat of the 1970's and the Carter administration's billions of dollars given to the alternative energy sector that never resulted in anything.


    Lazy Libertarian

    ReplyDelete

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