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.

~McQ


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6 Responses to Stimulus Watch: Green Jobs Created Overseas

  • Memo to Chuck Schumer: I can say with some confidence that when you explain a boondoggle like this to an American citizen, they are not at all surprised.  Outraged, yes.  Especially if they’re one of the many who thought that the whole stimulus bill was a waste and a scam that should not have been passed.  But they are certainly not surprised.  And they are no longer losing faith, as they ran out of faith in government (ie: YOU) a long time ago.

  • Memo to my senator, John Kyl: Guess you consider it ‘Beltway Business As Usual’ and are willing to be bounced from office, too.

  • Does everyone holding political office fail to realize that the rest of the nation thinks of them as never-ending and expensive bad joke?   

    Congress and the Executive branch together form sort of a national drunk tank for overly-intellectual, ambitious, self-serving, egomaniacal, incompetent a**holes who couldn’t do anything truly productive or helpful if their lives depended on it.  We put them there to keep them out of our way while we try to accomplish good stuff in the private sector, and we let them pretend that they are “governing” us (wink wink) so they don’t feel too bad.

    On occasion, we have to smack them upside the head and remind them that they really aren’t in charge and to keep their hands off of the real machinery.

  • How about instead of a targeted stimulus like this one, which seems to veer off target pretty fast, a broad-based stimulus of the entire economic sector via tax cuts?
    Ah, no junkets to Spain then…

  • “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.”

    Gee whiz, as long as he Intended to spend the money here, I guess it’s okay.

    Seriously folks, can someone tell me why Palin isn’t at least as qualified as these bozos? Lack of experience?  Schumer has over 25 years experience in the Congress, House and Senate. So does Harry Reid. Golly, perhaps experience in Washington isn’t quite as essential to making good decisions as some would have it.