Wednesday, May 9, 2012

Foolin' Around With The Economy

Obama's Ridiculous To-Do List

Who still believes that the US Government, which is spending well over $16,000 per poor person in this country, can pull a few strings and manipulate an economy?  Really!?!?  It's like a swimmer trying to steer a supertanker.  I suppose they think they are gods ...

To do: "Create Jobs By Investing In Affordable Clean Energy." It is difficult to calculate just how many subsidies and breaks are already "invested" in unproductive clean-energy projects -- many of them supported by Republicans. Whether it be morally fulfilling or good for the environment, an expansion of "the 30 percent tax credit to investments in clean energy manufacturing" could cost jobs, not create them. As one Spanish study found, 2.2 conventional jobs are destroyed for every job created in the alternative energy industry. "Investing" in inefficient energy is no way to economic growth.

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