Re: Reject the Welfare/Warfare State

Thanks!  Those are the studies I have read previously and could not find.

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of david white
Sent: Wednesday, November 10, 2010 1:12 PM
To: [email protected]
Subject: Re: [DADL-OT] Reject the Welfare/Warfare State

> Sure.  Becoming more eco friendly is an option to new jobs.

Actually, subsidizing green jobs destroys good jobs:

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=534696

Excerpt:

For every green job created by the Spanish government, Alvarez found that 2.2
jobs were destroyed elsewhere in the economy because resources were directed
politically and not rationally, as in a market economy.

--

They found that in Italy, the losses were worse than they were in Spain: Each
green job cost 6.9 jobs in the industrial sector and 4.8 jobs across the
entire economy.

"Green investments are an ineffective policy for job creation," they say in
their report. Despite the other merits of investments in new energy, "to the
extent that the 'green deal' is aimed at creating employment or purported as
anti-crisis or stimulus policy, it is a wrong policy choice."

David
www.facebook.com/bullionbrother

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