Las Vegas Review-Journal -- 9/20/2011 -- Editorial
Green Jobs: It's Not Quite Going as Planned
Half the government's $38.6 billion is spent. Result? A whopping 3,545 new, "permanent" green jobs created, at a cost of a mere $5.6 million per job -- leaving just 61,455 promised jobs to go. Yet the Energy Department says the Obama administration's green-jobs loan guarantee program is still on track to meet its employment goal of 65,000 jobs.
But several economists told The Post they doubt the loan program saved 33,000 jobs at Ford. Indeed. For politicians and bureaucrats who have never brought so much as a root beer stand to fruition in the real world to lavish billions of other people's dollars on politically favored ventures, and then claim they've "saved" every worker who still manages to cling to a job, is like a child leaning against a tree and claiming credit for holding it up.
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