Obama Announces More Failed Spending Ideas

Obama commits billions to solar firms

Under pressure to spur job growth, president says two solar energy companies will get nearly $2 billion in U.S. loan guarantees to create as many as 5,000 green jobs.
http://news.cnet.com/8301-11128_3-20009656-54.html

Let’s do the math. 2 billion (if I get all the zeros right) is $2,000,000,000 divided by 5,000 is $400,000 per job.

How many of the 5,000 green jobs are paying the employees $12 per hour? That’s about $23K annually so where did the other $367,000 go?

At that rate of spending ($400,000 per job), how many hundreds of trillions will Obama need to spend to get the United States back to under 4 percent unemployment from the 18 ½ percent that we have now?

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William

Dedicated Christian that has experienced many facets of Christendom thru the years. Father of three and husband of but one wife. William has over 27 years of experience in accounting and bookkeeping. He has worked for both government & private sector entities. His private sector background includes many years working in commercial and residential construction environments. Unlike most folks, this experience includes signing the front of the check, not just the back. Books that matter: Kingdom of the Cults by Walter Martin, Christian Reconstruction by R.J. Rushdooney, Days of Vengeance by David Chilton, Genesis Flood by Whitcomb & Morris, Evidence that Demands a Verdict by Josh McDowell; Political: currently, No Party Preference, recovering Republican involved at county and State level, participated in many campaigns and conventions, periodic CRA member since early days of Barbara Alby; Education: Nuclear Reactor Operator--US Navy, Masters in Business Administration, Bachelor's Degree in Government, Microsoft Certified System's Engineer, CompTIA Network Plus and A Plus certifications, and various post graduate classes.

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