Free Markets, Free People
Stimulus Watch: Green Jobs Created Overseas
I’m sure the politicians who wrote, didn’t read and passed the $787 “Stimulus” bill would tell you they never intended for your hard earned tax dollars to “stimulate” foreign manufacturers. But in the field of wind energy, that’s precisely what has happened.
Nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power, funding the creation of enough new wind farms to power 2.4 million homes over the past year. But the study found that nearly 80 percent of that money has gone to foreign manufacturers of wind turbines.
“Most of the jobs are going overseas,” said Russ Choma at the Investigative Reporting Workshop. He analyzed which foreign firms had accepted the most stimulus money. “According to our estimates, about 6,000 jobs have been created overseas, and maybe a couple hundred have been created in the U.S.”
In fact, the American Wind Energy Association has reported a drop in U.S. wind manufacturing jobs last year. Again, our central planners have screwed up. And what do they have to say? Well let’s hear from one of the more vocal ones who usually never misses a chance to tell everyone how well he does his job:
Sen. Chuck Schumer, D-N.Y., called the flow of money to foreign companies an outrage, because the stimulus, he said, was intended to create jobs inside the United States.
“This is one of those stories in Washington that when you tell people five miles outside the Beltway, or anywhere else in America, they cannot believe it,” Schumer told ABC News, “It makes people lose faith in government, and it frankly infuriates me.”
Yeah – like this is the first time the results of actions by Schumer and his colleagues has caused people to “lose faith” in government. Seen the polls lately Chuckie?
Meanwhile the administration is engaged in pure and unadulterated lying about the subject:
Matt Rogers, the senior adviser to the Secretary of Energy for the Recovery Act, denied there was a problem.
“The recovery act is creating jobs in the U.S. for American workers,” said Rogers, “That is what the recovery act is about, that is what it is doing. Every dollar from the recovery act is going to create jobs for the American workers here in the U.S.”
Really Mr. Rogers? Then explain this:
Iberdrola, one of the largest operators of renewable energy worldwide, is based in Spain and has received the most U.S. stimulus dollars — $577 million. It buys some of its turbines from another Spanish manufacturer, Gamesa, which has a U.S. connection. Gamesa has two facilities to manufacture turbine blades in Pennsylvania, but the company said the market forced it to temporarily lay off nearly 100 workers.
Half a billion dollars plus to a foreign manufacturer and the net result is 100 US workers end up being layed off.
Your tax dollars at work, spent by an inept and out-of-touch Congress and administered by a clueless administration who will tell you with a straight face that they’re “creating and saving” jobs when the facts say otherwise. The same administration which is now threatening increased taxes for US companies with overseas operations is handing out borrowed money in the billions to wholly owned foreign corporations.
Now, with this new “jobs bill” they’re going to want more money (anywhere from $85 to $150 billion) when only a 1/3 of the previous “stimulus” has actually been spent, and, as indicated above, not very well. Naturally, the GOP is making noises about supporting the latest effort.
And they wonder why there are Tea Parties.