I've always believed that the federal "stimulus" was a total crock -- a $787 billion boondoggle that funded big government and Democrat pet projects, but would do little to create jobs (or save them, too...but since that's a totally made-up statistic, I won't mention it here). Mind you, Barack, Biden and his Democrat pals all crowed about how the stimulus would halt unemployment at 8 percent...it's now at 9.7, having dropped from 10 percent. And, Barack indicated that it would create 3.6 million jobs...with 90 percent of those coming from the private sector. So much for the Obama Administration's prognostications.
Now, there are two interesting articles -- one in the Washington Post and another in Politico -- that calls attention to the fact that 79-percent of clean energy stimulus money grants were given to foreign firms. Maybe I've been looking at the "stimulus" all wrong. As the articles point out, four Senate Democrats -- yes, the President's own party -- are furious that the "stimulus" monies have been doled out to foreign companies.
In Obama's quest to make big oil and carbon-based fuel taboo, and in the quest to create the always illusive "green jobs," the President will do anything and everything in his plans to create these jobs...irrespective of where they are actually located. Heaven forbid that we have ample supplies of domestic energy supplies -- coal, natural gas, wind, solar, geothermal, etc. -- locally. Instead, Obama has to outsource these jobs to foreign countries. Interestingly, doesn't this just trade one "dependence" on foreign sources of energy for another?
Further proof that the "stimulus" is a sham. And, ultimately, who cares if jobs are green, red, black or brown. America just need jobs -- something that the Obama Administration has yet to create.
Thursday, March 4, 2010
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