"Feeding the masses on unicorn ribs". That was how Walter Russell Mead once poured scorn on Obama's misbegotten attempts to revive the US economy by creating five million "green jobs."The energy scam by those who can't make it in the free market for energy.
Mead was quite right, of course. And there was plenty of evidence to back him up, such as the 2009 report by a Madrid university professor Gabriel Calzada Alvarez that for every expensive "green job" created by government subsidy, 2.2 jobs were destroyed in the real economy.
Monday, June 02, 2014
Posted by Steve Bartin at 3:14 PM