Friday, January 6, 2012

New York Times Green Jobs Editorial Written in Bizarro World

New York Times editorial, ?Where the Real Jobs Are,? uniformly backwards

New York Times Green Jobs Editorial Written in Bizarro World
by WILLIAM YEATMAN on JANUARY 3, 2012

On the first day of 2012, the New York Times published an editorial, ?Where the Real Jobs Are,? that is uniformly backwards. If the federal government did the exact opposite of every recommendation made by the New York Times editorial board, Americans would benefit the most.

According to the Times, President Barack Obama should reject the shovel-ready Keystone XL Pipeline, because it would carry ?conventional? oil from Alberta to the Gulf Coast. The editorial board then suggests that ?real? jobs are those in the sector of the economy responsible for the production of ?alternative? energy, like wind and solar power. Instead of allowing the private sector to create 6,000 (presumably fake) jobs by permitting the Keystone XL, the Times argues that the President should ?lay out the case that industry, with government help, can create hundreds of thousands of clean energy jobs.? In the Times?s mind, Europe has shown the way:

?Europe has encouraged the commercial development of carbon-reducing technologies with a robust mix of direct government investment and tax breaks, loans and laws that cap or tax greenhouse gas emissions. This country needs a comparably broad strategy that will create a pathway from the fossil fuels of today to the greener fuels of tomorrow.?

Not coincidentally, the Times fails to mention the American Recovery and Reinvestment Act, a.k.a the Stimulus, a.k.a. the Porkulus, which contained almost $60 billion in green energy direct government investment, tax-breaks, and loans. These subsidies are exactly what the Times advocates in its New Year?s Day editorial. The Stimulus was passed in February 2009, but it takes a while to squander scores of billions of dollars, and the results are only now coming in?and they are awful for proponents of taxpayer handouts to politically favored industries. (Cooler Heads)

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Source: http://junkscience.com/2012/01/04/new-york-times-green-jobs-editorial-written-in-bizarro-world/

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