Thursday, September 20, 2012

Obamas magical green economy that never happened.



2008 Barck Obama promising to invest 150 Billion dollars to create 5 million new Green jobs that CAN’T BE OUTSOURCED.



2012 The 5 million jobs never happened and the jobs that did happen are all going away quickly.  Turns out they could be outsourced after all.

But by the time the last of the devices , worth more than $1.25 million, was hitched to a rail car, Gamesa had all but shut down its factory here and furloughed 92 of the workers who made them.

Similar cutbacks are happening throughout the American wind sector, which includes hundreds of manufacturers, from multinationals that make giant windmills to smaller local manufacturers that supply specialty steel or bolts. In recent months, companies have announced almost 1,700 layoffs.

At its peak in 2008 and 2009, the industry employed about 85,000 people (Not 5 million), according to the American Wind Energy Association, the industry’s principal trade group.
Many of those jobs have disappeared, as wind companies have been buffeted by weak demand for electricity, stiff competition from cheap natural gas and cheaper options from Asian competitors. Chinese manufacturers, who can often underprice goods because of generous state subsidies (Chinese protectionism), have moved into the American market and have become an issue in the larger trade tensions between the two countries. In July, the United States Commerce Department imposed tariffs on steel turbine towers from China after finding that manufacturers had been selling them for less than the cost of production.  I thought you couldn’t use tariffs.  I thought tariffs were bad.  

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