Green Stimulus Money Costs More Jobs Than It Creates, Study Shows

From http://www.infowars.com/green-stimulus-money-costs-more-jobs-than-it-creates-study-shows/

Green Stimulus Money Costs More Jobs Than It Creates, Study Shows
Text size



ANSW.Trigger.showLogoIfEnabled("AnswerTips_landing_square.gif","");

Josiah Ryan
CNSNews
April 13, 2009

Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in 10 of the newly created green jobs became a permanent job, says a new study released this month. The study draws parallels with the green jobs programs of the Obama administration.
A d v e r t i s e m e n t
President Obama, in fact, has used Spain’s green initiative as a blueprint for how the United States should use federal funds to stimulate the economy. Obama’s economic stimulus package,which Congress passed in February, allocates billions of dollars to the green jobs industry.
But the author of the study, Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid, said the United States should expect results similar to those in Spain:
Read entire article

Research related links

$825 Billion Stimulus Plan to Pay for New Windows, Day Care, Cable TV
Homeland Security Secretary Can’t Say If Illegal Aliens Will Get Stimulus Money
Pelosi open to second stimulus
Obama ’stimulus plan’ to cost ‘between $675 and $775 billion’
Republican Senators: Stimulus will lead to ‘disaster’
Obama’s Stimulus Will Cause ‘Lower Wages’ for American Workers
Pelosi plans stimulus sequel, for another $300 billion
Stimulus package tax credit: $8 to $10 a week
Team Obama may double incoming stimulus package: Report
Pelosi Flub: 500 Million Americans to Lose Jobs Each Month
Obama: ‘Millions of jobs’ in danger next year
Obama’s Stimulus Not Enough to Avert Biggest GDP Drop Since 1946