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My personal musings about anything that gets on my radar screen--heavily dominated by politics.

2009-04-01

Myths of the Left 

(courtesy Powerline)

Spain, it turns out, has had a "Green" economy for a few years now. Here are a few of the things they have learned:

:Only 1 in 10 of the jobs actually created through green investment is permanent.

:Since 2000, Spain has spent €571,138 ($753,778) to create each "green job," including subsidies of more than €1 million ($1,319,783) per wind industry job.Those programs resulted in the destruction of nearly 113,000 jobs elsewhere in the economy.

:Each "green" megawatt installed destroyed 5.39 jobs in non-energy sectors of the Spanish economy.

:Consumer energy costs in Spain would have to be increased 31 percent to repay the debt generated by the green jobs subsidies.

Add this to the pile of liberal mythology which includes global warming, the New Deal, and appeasement.

And yet, the American people have deigned to hand the reins over to people who want all of these to become a part of American life--once again.

As Charlie Brown was fond of saying . . . . [sigh]
Posted by: Michael / 4/01/2009 02:08:00 AM

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