Ay caramba. Look what the green job boondoggle in Spain bodes for the porkulus green jobs here in the U.S. Confirmation of what we already knew, but extremely useful nonetheless:
blog comments powered by Disqus
Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in 10 of the newly created green jobs became a permanent job, says a new study released this month. The study draws parallels with the green jobs programs of the Obama administration.
President Obama, in fact, has used Spain’s green initiative as a blueprint for how the United States should use federal funds to stimulate the economy. Obama’s economic stimulus package,which Congress passed in February, allocates billions of dollars to the green jobs industry.
But the author of the study, Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid, said the United States should expect results similar to those in Spain:
“Spain’s experience (cited by President Obama as a model) reveals with high confidence, by two different methods, that the U.S. should expect a loss of at least 2.2 jobs on average, or about 9 jobs lost for every 4 created, to which we have to add those jobs that non-subsidized investments with the same resources would have created,” wrote Calzada in his report: Study of the Effects on Employment of Public Aid to Renewable Energy Sources.
EPA chief spends Earth Week crop dusting country with carbon emissions in desperate attempt to stave off climate change
April 22, 2014 10:03 AM by Doug Powers
April 18, 2014 08:16 AM by Doug Powers
March 30, 2014 10:49 AM by Doug Powers
March 23, 2014 12:49 PM by Doug Powers
Settled science: Global warming has raised ocean level so much Cory Booker can no longer drive to Hawaii
March 11, 2014 06:31 PM by Doug Powers