President Obama plans to spend $2.3 Billion dollars of our hard-earned money to create a mere 17,000 jobs in the "green" sector of the economy. I salute the President for realizing that people are needing jobs, but at the $135,295 per job price tag, I think we'd be better off if the President would just write us all a check.
Thomas J. Pyle, president of the market based Institute for Energy Research (IER) asks some of the same questions I do: "Show me one other industry that requests and receives a nearly 30 percent taxpayer subsidy. That's what the wind and solar industries require - at a minimum - to exist. All the President did today is throw more money at an unproven technology that is not economically viable in the marketplace. Unfortunately, the only winners in this latest taxpayer giveaway will be Wall Street money managers and corporate interests in the wind and solar industry.
"If the President really wants to create an environment that will foster economic growth and job creation, he need not look any further than the domestic oil, gas and coal industries. These three industries and energy sources built this nation. For the Administration to continue to ignore this fact and to keep the vast resources that taxpayers own under lock and key at the Department of Interior is irresponsible and a disservice to the American people.
"The outer continental shelf (OCS), if opened for business, would create over 1 million high-wage jobs. It would reduce our dangerous dependence on hostile nations for their energy resources and spur economic growth across all fifty states. Development of these energy resources will create sustainable employment, not taxpayer dependent make-work jobs.
"Unfortunately, today's announcement only continues the expensive, failed energy policy this Administration brought to town one year ago. The American people deserve better than this."
America deserves better than yet another liberal scam to pay off their buddies while real people continue to suffer. Elections have consequences...some of them are entirely unexpected. This President is showing himself to be a puppet of the far left on energy issues and I don't think it will be too much longer until the American people say that they have had enough of his agenda.