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Posted: 8:48 a.m. Wednesday, Jan. 20, 2010

THE GREEN JOBS MYTH 

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By Neal Boortz

With Obama's big push to get people back to work, there will be a big push for "green energy" jobs. This is nothing new for Obama, despite its fancy new packaging. A large part of the $787 billion stimulus bill was devoted to green energy and green jobs. But it has failed to make a dent in the unemployment rate. In fact, economists say that "green energy is proving to be no miracle solution to the nation's monumental unemployment problems. And prospects for future growth are extremely modest.

This is because a lot of green industries are still in experimental stages. In this economy, industries like this need investors to grow. But guess what? Obama and the Democrats want to tax the tar out of the evil rich .. the same people who would be likely to invest in green energy technologies. So because the market is down and green energy has yet to prove itself as a money-maker, people aren't investing and therefore jobs aren't being created.

But don't bother explaining this to a liberal. To them it is all about wealth envy and political correctness. Logic and economics be damned.

 
 

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