“The U.S. should expect a loss of at least 2.2 jobs on average, or about nine jobs lost for every four (green jobs) created,” Alvarez wrote in his 41-page study of Spain’s own green-job revolution.
“An examination of Europe’s experience” in trying to green the economy, which dates back to 1997, “reveals these policies to be terribly economically counterproductive.”
Oh. Well, I’m sure it will work much better for us: we’ve got a cool President. Economic markets bow at his feet!
Hmmm. Seems to me the Soviets tried this kind central planning to “create” jobs, and the end result was that they produced too many razor blades and not enough toilet paper.
But never mind all that. “Green” is the hot marketing trend right now. And we know how well economic markets always follow hot marketing trends!