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"Green" Jobs Cost $11.45 MILLION EACH!!!

Mike

Well-known member
Buckwheat Boy needs to take a simple "Economics" course.

By: John Hayward
5/9/2013 10:14 AM

“Without much fanfare, the Department of Energy (DOE) recently updated the list of loan guarantee projects on its website,” the Institute for Energy Research noticed on Wednesday. ”Unlike in 2008, when Barack Obama pledged to create 5 million jobs over 10 years by directing taxpayer funds toward renewable energy projects, there were no press conferences or stump speeches.”

Uh-oh. Why weren’t there any celebrations? President Obama loves a good celebration. Why, we just found out about the super-secret star-studded bash he held after his inauguration.

Maybe it’s because the IER divided the $26 billion spent on “green jobs” by the Energy Department since 2009, divided it by the 2,298 permanent jobs created, and came up with a cost of $11.45 million per job.

Ah, the miracle of Obamanomics! At those prices, we could easily restore the 5 million jobs blown out of the economy since 2009 by spending a mere $57 trillion.
 

hypocritexposer

Well-known member
”Unlike in 2008, when Barack Obama pledged to create 5 million jobs over 10 years by directing taxpayer funds toward renewable energy projects, there were no press conferences or stump speeches.”


How are the promised exports coming along?


February 11, 2013
Obama's Export Promise Falls 18 Years Behind Schedule as Exports Decline under FTAs

USITC Trade Data Shows Obama Goal of Doubling Exports Is Even More Remote Relative to Census Bureau Data, Due in Part to Falling Exports under FTAs with Korea, Colombia and Panama

The Obama administration’s attempt to tout the decline in the overall U.S. trade deficit for 2012 as a trade policy success diverted from the three most critical trends that the annual data revealed:

The drop in the overall trade deficit represented an increase in U.S. oil exports and a decrease in oil imports. However, the U.S. deficit in goods excluding oil actually rose six percent in 2012 to $628 billion, the largest non-oil U.S. trade deficit in the last five years. The U.S. trade deficit with China (even with oil included) broke all past records, topping $321 billion.

http://citizen.typepad.com/eyesontrade/2013/02/obamas-export-promise-falls-18-years-behind-schedule-as-exports-decline-under-ftas.html
 
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