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Obama’s Plan: Make existing jobs too expensive, replace with subsidized "Green Jobs." Good Plan.

From Todd Hollenbeck on Monday, December 7, 2009 12:41 PM
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Last week, Roll Call reported that President Obama pushed Cap-and-Trade at his so-called “Jobs Summit” as a way to create “green jobs” to lower the staggering unemployment. His plan is to increase the costs of producing carbon to the point that “green” technologies are cheaper by comparison. Notice I wrote, “by comparison” it would not actually be cheaper to switch to “green” technologies it would just be cheaper than continuing to use fossil fuels after the government jacks up the taxes and regulations.

This plan will destroy efficient jobs by increasing energy costs, forcing businesses, and even entire industries to close their doors. Some companies will shift to “green” technologies and other “green” companies will spring up, however, this plan does not make them any more viable in the market place. As a result, the government will pay billion in subsidies just to keep these businesses alive.
 
How does destroying efficient jobs and replacing them with inefficient, subsidized jobs create more net jobs and help the economy? Click here for our one-page summery to find out (Spoiler: It doesn’t).

Permalink | Email | Print | Tags: TAXES, ENERGY, SPENDING, Federal

Comments

Remember when we thought ethanol was "green"? And the jury is still out on the "plastic bag" versus "reusable bag" debate. Same goes for the "plastic Christmas tree" versus "real Christmas tree" debate. Going green isn't always the best option, folks.
>> Dr. Peter Venkman, Ph.D. Monday, December 7, 2009 1:07 PM Report Comment

How does he find the time to even have a jobs summit?? I mean really... he's so busy giving pep talks for a Govt Takeover of Healthcare, entertaining party crashers, and globe trotting to Europe to complete usurp the authority of the Congress.
>> Colin, PA Monday, December 7, 2009 1:33 PM Report Comment

Colin, Because Obama is God you blasphemer! Now go buy forgiveness by giving Al Gore money for carbon credits.
>> TCH Monday, December 7, 2009 1:59 PM Report Comment

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