NOT THE SHARPEST KNIFE IN THE DRAWER: Obama Creating Green Jobs That Americans Won’t Do

President Barack Hussein Obama doled out $2.1 million in tax credits to help Suntech Power Holdings Co. build a solar- panel plant in AZ that will hire 70 Americans to assemble components made by the company’s 11,000 Chinese workers, reports Bloomberg:

 

Asia makes more than half the world’s wind and solar energy equipment, and is gaining ground as U.S. factories lose out to cheaper labor and higher demand for clean energy. …

 

Obama is giving billions of dollars in tax breaks to the wind and solar industries to create jobs in the U.S. even as production expands faster overseas. First Solar Inc., the world’s largest maker of thin-film solar-power modules, won $16.3 million to add 200 manufacturing jobs at its Ohio plant, yet 71 percent of its planned factory growth will go to Malaysia. The company employs 4,500 globally.

 

“The cost of manufacturing here is too expensive compared to Asia,” said Guy Chaffin, chief executive officer of Elite Search International, a Roseville, California-based executive search firm that has found employees for Tempe, Arizona-based First Solar and Solar Millennium AG. “As far as a flood of good jobs coming to the U.S., we’re not seeing it.” …

 

Republican critics such as Senator Christopher Bond say such subsidies are producing many low-wage construction jobs and few better-paid manufacturing positions, all the while increasing the federal deficit.

 

“Green jobs like solar power are good-paying, middle class-supporting manufacturing jobs,” Bond of Missouri said in an interview. “Those jobs are in China and Malaysia. Solar companies in Missouri are creating low-wage jobs to install them.”

 

As Obama said in his State of the Union address: “The nation that leads the clean energy economy will be the nation that leads the global economy.”  That nation is China - which means that Obama is borrowing billions of dollars from the Chinese to create green jobs in China so that the Chinese can lend the U.S. more money for his harebrained schemes, um, domestic agenda.

 

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