Tuesday, October 16, 2012

Obama at Hofstra University Four Years Ago Promised 5 Million Green Energy Jobs

Obama Gave us SOLYNDRA And 12 Other Green Energy Companies That Took Taxpayer Money and Went Belly Up See List
PROMISE: Obama Said His Investments In Green Energy Would Create Five Million New Jobs
Obama Promised That Five Million Jobs Would Be Created Retooling Plants To Make Fuel-Efficient Vehicles, Wind Turbines And Solar Panels. OBAMA: "If we can get that right, then we can move in a direction not only of energy independence, but we can create 5 million new jobs all across America, including in the heartland where we can retool some of these plants to make these highly fuel-efficient cars and also to make wind turbines and solar panels, the kinds of clean energy approaches that should be the driver of our economy for the next century." (Sen. Barack Obama, Remarks During The Third Presidential Debate, Hempstead, NY, 10/15/08)
BROKEN: Obama's Green Energy Jobs Never Showed Up And Their Efforts To Count Them Have Provided Laughable Results
If You "Generously Assume" Obama's Methodology For "Saved Or Created" Clean-Energy Jobs, Obama's Got "4,325,000 To Go." "In November 2010, the President's Council of Economic Advisers said federal recovery spending had 'saved or created' 225,000 clean-energy jobs, including 'both the direct jobs of people involved in the construction of a particular project and also the jobs generated by the additional economic activity sparked by these projects.' There's no way to know whether this multiplier effect really resulted in the number the administration claims. But if you take it as true and generously assume similar growth for 2011 and 2012, that's 675,000 jobs created at best-and 4,325,000 to go." (Ira Boudway, "The 5 Million Green Jobs That Weren't," Bloomberg, 10/11/12)
Clean-Technology Jobs Account For Just 2 Percent Of Employment Nationwide. "A study released in July by the non-partisan Brookings Institution found clean-technology jobs accounted for just 2 percent of employment nationwide and only slightly more - 2.2 percent - in Silicon Valley. Rather than adding jobs, the study found, the sector actually lost 492 positions from 2003 to 2010 in the South Bay, where the unemployment rate in June was 10.5 percent." (Aaron Glantz, "Number Of Green Jobs Fails To Live Up To Promises," The New York Times, 8/18/11)
  • The Wind Industry Has Shed 10,000 Jobs Since 2009. "The wind industry, for example, has shed 10,000 jobs since 2009 even as the energy capacity of wind farms has nearly doubled, according to the American Wind Energy Association. Meanwhile, the oil and gas industry has added 75,000 jobs since Obama took office, according to Labor Department statistics." (Andy Sullivan, "Analysis: Obama's 'Green Jobs' Have Been Slow To Sprout," Reuters, 4/13/12)
  • The Millions Of Green Energy Jobs Obama Promised Have Been Slow To Sprout. "But the millions of "green jobs" Obama promised have been slow to sprout, disappointing many who had hoped that the $90 billion earmarked for clean-energy efforts in the recession-fighting federal stimulus package would ease unemployment - still above 8 percent in March." (Andy Sullivan, "Analysis: Obama's 'Green Jobs' Have Been Slow To Sprout," Reuters, 4/13/12) 

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