The reports offer a peek into the dysfunction within the White House's green jobs initiative. In 2009, Obama dedicated $7.2 billion of stimulus funds to build "clean tech" jobs. He vowed to create 5 million jobs over the next decade.
So far, that effort has "created or retained" just 7,140 jobs, according to the Environmental Protection Agency. That's about $1 million per job. The number is actually down from last year, when the EPA claimed 16,605 green jobs.
Audit reports by the Energy Department's Inspector General Of fice offer some clues as to why: Trying to comply with federal reg ulations such as the Davis-Bacon Act, the National Environmental Policy Act and the Buy American Act has stalled many projects. Investors Daily
Big hat tip to Instapundit again.
I hit this point again and again, we are bottle necked by past bail outs of unions, business and interest groups. If is not a simple matter of clearing regulatory underbrush as progressives trivialize the problem. This is a permanent problem of delusions by the likes of Joe Biden and Jerry Brown.
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