ALG Statement on Obama's $5 Billion "Green" Jobs Initiative

July 14th, 2010, Fairfax, VA—Americans for Limited Government (ALG) President Bill Wilson today issued the following statement against Barack Obama's proposed $5 billion in additional funds for "green" jobs:

 
"Barack Obama and Harry Reid are proposing an additional $5 billion in taxpayer subsidies to businesses that apparently cannot profit on their own selling inefficient so-called 'clean' energy alternatives, like electric cars, wind and solar.  This comes atop $2.3 billion in 'stimulus' funds that were dedicated to the same purpose.

 

"At a time of unsustainable government spending and debt accumulation, if energy companies cannot make a profit selling these products and utilities, then it is not up to U.S. taxpayers to double-down on an unsuccessful 'green' marketing strategy with another $5 billion in taxpayers handouts. 

 

"The American people want an end to government picking winners and losers in the energy sector with subsidies to politically-favored industries, and instead would prefer lawmakers to lift restrictions on producing nuclear, oil, coal, and natural gas resources that provide the foundation for meeting the nation's power needs."

 

Attachments:

 

"Is the U.S. Killing Green Jobs?" ALG News National Correspondent Rebekah Rast, April 13th, 2010.

 

"The Green Jobs Scam Unmasked," ALG Chairman Howard Rich, February 12th, 2010.