March 27, 2009
Another unpublished feature of Obamnomics.
All those "Green Jobs" El Presidente is talking about? Turns out they are great stimulators of unemployment.
Awesome.
H/T: GP.
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If Spain's experience is any guide, there are serious job losses from green stimulus measures like the ones contemplated in Obama's plans. According to a study from King Juan Carlos University in Madrid, For every new job sustained by subsidized renewable energy at least 2.2 are lost in other industries.
Awesome.
H/T: GP.
Posted by: DocJ at
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