Thank you Cartoon Klavan! Green jobs aren’t quite as rare as unicorns, but they are quite expensive. The notorious right wing rag, The Washington Post, has reported that the Obama administration has spent 19 billion of our money creating a grand total of 3, 545 green jobs. One cannot say of course that the White House has not been trying to create green jobs. For example, just look at the Solyndra company, now in bankruptcy. The Obama administration sent that company 535 million of taxpayer money, and agreed to a restructuring plan for the company’s debt which allowed two private investors to move ahead of the taxpayers. Then when the company began to imitate the Titanic, Energy Secretary Steve Chu had his minions thoughtfully contact Solyndra and had them hold off on employee layoffs until after the mid-term elections last year, lest voters be unduly alarmed at another half a billion down a green rathole.
Green jobs would appear to be a great punch line for a political speech, but are an absolute disaster in the real world, if the goal is to produce something that people want to buy, without the government heavily subsidizing the product:
One of the fallouts of our current debt crisis is that it gives us an opportunity to get rid of truly foolish government spending. Subsidies for green jobs should be among the first types of idiotic government expenditures that should be eliminated.