at Business and Media Institute:
“While campaigning President Obama promised to create 5 million ‘green’ jobs, and shortly into his term he announced a ‘task force’ to do just that. His stimulus package included tax credits for renewable energy companies, allotted funds for weatherization and more. Now with the economy once again on shaky ground the President may pivot back to jobs in September, specifically of the ‘green’ variety.
More than two years later after those initiatives began, the results are dismal. In fact a number of the very companies the Obama administration touted as future job creators have gone bankrupt or had to lay off employees instead. But you won't hear about this from ABC, CBS and NBC very often.”
This was entirely predictable!
The best thing government could do to promote so-called “Green” jobs is to get the hell out of the way.
Government subsidies and mandates (of any sort) ONLY serve to subsidize and mandate FAILURE! It shields the industry (or the entitlement baby) from the rigors of real world competition. It demotivates the industry (or the individual) from doing what is necessary to make their product (or their skill set) competitive.
Of course, in the REAL world, the so-called “Green” industry would first have to come to terms with the fact that so-called “Green” energy is not actually “Green” and so-called “Green” automobiles are even less “sustainable” than the entitlement mentality.
But, so-called “Progressives” NEVER venture into the real world. They prefer their fantasy world where Keynesian economics is not the dismal failure which both FDR and Obama have PROVEN it to be.
Click here for some basic climate change science.
Click here to debunk the hysteria topic by topic.