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Thursday, January 14, 2010

Total Failure by Obama Administration - "Green Jobs, Red Ink, Pink Slips"

The “New Socialism” – as columnist Charles Krauthammer adroitly calls the global governmental power grab and wealth redistribution schemes lurking beneath the “green economy” – has kicked into high gear in Washington, D.C. already this year.

Struggling to respond to a surprisingly bad December jobs report – and struggling to explain the clear failure of President Barack Obama’s massive bureaucratic bailout to stimulate the economy – U.S. government officials are turning to a familiar refrain, “green jobs.”

Of course, this familiar song and dance ignores the fact that a huge chunk of the failed “stimulus” went to fund these jobs in the first place.

Undeterred by this lack of stimulation – as well as the ongoing unraveling of the climate change myth – Obama’s “solution” to this crisis is apparently to continue doing what hasn’t worked.

In fact, the red ink had yet to dry on the Department of Labor’s latest disappointing employment data before Obama was in front of a Teleprompter announcing that the U.S. government was going to spend another $2.3 billion on tax credits for “green jobs.”

He also challenged the U.S. Congress to approve $5 billion worth of additional “green manufacturing” tax credits. - Rasmussen Reports

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