President Obama is expected to seek another $250 billion or so in new stimulus funds next week, with plenty of money for clean energy and the creation of so-called green jobs.It really doesn't matter any more, but it makes a great story. $250 billion for solar won't create many jobs between now and the 2012 election. And with the US now $10 trillion in debt, another $250 billion doesn't really matter. But it will play well for the president's base.
Never mind that no one can seem to find many Americans who got green jobs as a result of the original stimulus spending. Consider two stories.
In the 2009 stimulus, the feds gave nearly $3.2 million in green-energy grants to my county of Arlington, Va., with almost $300,000 used to install solar paneling on the roof of our local library.
From Carpe Diem, quoting the article:
For every two cents of tax subsidies for 'Big Oil,' wind and solar get nearly $1. The environmentalists are for any energy source.... except those that actually work.
