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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