Monday, August 20, 2012

The Green Jobs Scam


Forbes published this article on Green Job. A note to anyone looking for work or looking to retrain for Green Jobs should read this.

“Green” job creation, almost always supported by massive government subsidies, does not further economic activity — it is actually harmful. Assigning massive amounts of capital, private or government, to a business or industry with a negative payback is a misallocation of resources, much like a car company spending hundreds of millions on a vehicle that either fails to sell, or sells at less than it costs to produce.

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