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Division by Division

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Posted on Jan 10 2010 by Daniel
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Burn by ktpupp

With the unemployment rate hanging like an albatross at 10%, the nation is looking for some fresh ideas for job creation.

Thus, on Friday, President Obama spoke about Green Job creation, fueled by a 2.3 billion dollar  tax credit to American manufacturers. According to the President,

“Through this initiative, we’re awarding $2.3 billion in tax credits for American manufacturers of clean energy technologies — companies that build wind turbines, and produce solar panels, and assemble cutting edge batteries. The initiative we’re outlining today will likely generate 17,000 jobs, and the roughly $5 billion more that we’ll leverage in the private sector investments could help create tens of thousands of additional jobs.”

Let’s do the math:

$3,200,000,000/17,000 jobs =  $135,294 per job.  Please sign me up for one of these jobs!

I’m growing very tired of politicians using “green” to cover over a host of fiscal sins, both because the programs are wasteful, and for the damage it does to the environmental movement.  If people are continually disappointed by “green” initiatives, it won’t be long before they refuse to support some very worthy causes.

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