Thursday, October 11, 2012

Green-jobs subsidies bust: $21 billion, 28,854 jobs « Hot Air

Green-jobs subsidies bust: $21 billion, 28,854 jobs « Hot Air: "No kidding.  It cost almost $728,000 per job in subsidies at that rate of job creation.  That’s an absurd return on investment, a figure that couldn’t possibly be regained even through fully confiscating the income taxes of the people who hold those jobs over a 40-year work cycle.  It’s that absurd ROI which made these firms losers from the get-go, and why only the Obama administration was feckless enough to sink its money — excuse me our money — into those failing ventures, such as Solyndra."

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