Seen and Unseen
Every time you see a politician claiming he created jobs with some expenditure of taxpayer money, you have to ask yourself, what would private investors have done with that money had it not been taken away from them? Via John Stossel
In a new article, "The Myth of Green Energy Jobs: The European Experience", the environmental scientist and a resident scholar at the American Enterprise Institute writes,
"Green programs in Spain destroyed 2.2 jobs for every green job created, while the capital needed for one green job in Italy could create almost five jobs in the general economy."
Don:
I think my next reaction to "They're just in it for the money!" will be "And how do you think they pay their employees?"
March 10, 2011, 12:09 pm