Tuesday, August 30, 2011

$Green Jobs

The government has a plan.

A green jobs program in one of America's greenest cities is being called a bust 16 months after a $20 million federal grant to weatherize homes in Seattle ended up putting just 14 people to work in mostly administrative jobs and upgrading only three homes in the area.
Let us run the numbers: $20 million/14 = over $1.4 million per job. And how about houses? So $20 million/3 = about $6.7 million per house weatherized. In today's market (well any market with $1 million dollar homes) that could have bought 20 $1 million dollar homes.

The Government obviously is getting screwed. As are the people who pay the taxes that support this insanity.

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