Tuesday, August 30, 2011

Obama's Green Jobs Bust

Stimulus Backed Company Files For Bankruptcy

The Competitive Enterprise Institute’s Chris Horner estimated that the $30 billion green handout in the stimulus bill cost taxpayers roughly $475,000 per job created. According to the Wall Street Journal, that’s quadruple the cost of creating a job in a nonsubsidized private firm. It turns out that Horner was right on the money, even for non-energy related "green" jobs...more...

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