{"id":10912,"date":"2011-08-16T21:40:03","date_gmt":"2011-08-17T01:40:03","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=10912"},"modified":"2011-08-17T10:07:06","modified_gmt":"2011-08-17T14:07:06","slug":"20-million-obama-green-jobs-program-creates-work-for-14-in-seattle","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/10912\/20-million-obama-green-jobs-program-creates-work-for-14-in-seattle\/","title":{"rendered":"$20 Million Obama “Green Jobs” Program Creates Work for 14 in Seattle"},"content":{"rendered":"

In the Obama era, the news on any given day seems seems like a real-time seminar on the disutility of Keynesian economics and “green energy” faddishness. The latest such entry comes from KOMO-TV news in Seattle, which reports<\/a> the following:<\/p>\n

Last year, Seattle Mayor Mike McGinn announced the city had won a coveted $20 million federal grant to invest in weatherization. The unglamorous work of insulating crawl spaces and attics had emerged as a silver bullet in a bleak economy \u2013 able to create jobs and shrink carbon footprint \u2013 and the announcement came with great fanfare.<\/p>\n

McGinn had joined Vice President Joe Biden in the White House to make it. It came on the eve of Earth Day. It had heady goals: creating 2,000 living-wage jobs in Seattle and retrofitting 2,000 homes in poorer neighborhoods.<\/p>\n

But more than a year later, Seattle’s numbers are lackluster. As of last week, only three homes had been retrofitted and just 14 new jobs have emerged from the program.<\/p><\/blockquote>\n

Fourteen jobs instead of 2,000. That means the Administration’s estimates were off by 99.3%. Since this president is so fond of telling us how much he respects the private sector, how about a few analogies from the real world?<\/p>\n

— A baseball player with this level of accuracy would be hitting .007<\/p>\n

— A financial adviser with this level of accuracy would have invested $250,000 and ended up with $1,750.<\/p>\n

— A doctor with this level of accuracy who saw 850 patients a year would misdiagnose 844 of them.<\/p>\n

If you had that baseball player, you’d cut him. If you had that financial adviser, you’d fire him. And if you had that doctor, you’d find a new physician and probably report the old one for malpractice. If you had this president …<\/p>\n","protected":false},"excerpt":{"rendered":"

In the Obama era, the news on any given day seems seems like a real-time seminar on the disutility of Keynesian economics and “green energy” faddishness. The latest such entry comes from KOMO-TV news in Seattle, which reports the following: Last year, Seattle Mayor Mike McGinn announced the city had won a coveted $20 million […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2964,143,301,451,101,2602,179],"class_list":["post-10912","post","type-post","status-publish","format-standard","hentry","category-posts","tag-alternative-energy","tag-barack-obama","tag-environmentalism","tag-green-jobs","tag-joe-biden","tag-keynesian","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=10912"}],"version-history":[{"count":7,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10912\/revisions"}],"predecessor-version":[{"id":10919,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10912\/revisions\/10919"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=10912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=10912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=10912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}