How many years have we heard politicians claim we need “new green jobs that can’t be moved offshore” to fix our economy? Now we see the reality. Well connected Solyndra gets $430 million of our money for solar energy products in California, goes bankrupt and lays off 1,100 people. Well connected Evergreen Solar in Massachusetts gets $58 million of our money, goes bankrupt and lays off 800 workers.
General Motors is nationalized and forced to build electric cars. Since the government can’t yet force us to buy them, they can only sell 125 Chevrolet Volts a month.
Central command and control didn’t work for the U.S.S.R., and it won’t work here. It leads to corruption and inefficiency. Spain went the green jobs route and found that they lost two jobs for each green job they created.
An economy based on new green jobs is a hoax. When you hear someone talking about all the green jobs we have they probably include garbage collectors and janitors.
Capitalism works because it allows money to flow to production of goods people actually want to pay for. It’s more efficient than communism, and it offers less chance for corruption of public officials. We became the world’s superpower because freedom works.