Don't know if the President will call for or promote the creation of green jobs in his speech tonight, but he has discussed this several times in the past. Green jobs sound nice, but they don't offer the type of economic stimulation that we need. Actually they are a drain on the economy.
The President has now declared job creation to be his number one priority - as if he really could do anything to make this happen. He really can, but he may not know it. The President cannot create one private sector job, but he can take the handcuffs off the free market and allow it to create those jobs.
For starters, here's what he can do. He can consent to a repeal of his health care bill - actually advocating it to create more confidence in employers and allow them to hire more people and removing so much red tape and compliance such as the 1099s. He can instruct (demand through Executive Order) the EPA to drop their cap and trade implementation and enforcement of energy taxes. He can allow and encourage offshore drilling which should have an immediate impact on the price of crude oil and encopurage more employment and consumer spending. He can demand that his agencies fast-track the approval of refineries and nuclear plants. He can abandon card check which makes unionization easier and costs companies jobs by raising the cost of employment and ultimately its goods if it becomes a union shop. He can ask Congress to impose a massive tarrif on Chinese goods to make them less attractive while making ours more competitive and cause jobs to return to this country. He can enforce the border to keep illegal undocumented workers from taking jobs in this country and working for low wages.
Back to the green jobs. Europe has found that green jobs actually are created at the expense of other jobs and result in a net decrease in employment. In Spain 2.2 jobs were lost for various reasons for every green job created. In Italy, 6.9 industrial jobs and 4.8 in the overall economy were lost for every green job created. The unforeseen consequence of the creation of green jobs, that is not even measured in these numbers, is that energy prices go up and businesses close, cut back, or send jobs overseas - making it even worse to rebuild a sagging employment picture.
Hold onto to that idea of wanting to have efficient, non-polluting jobs, but be willing just to have jobs at this point. We really can't afford to have green jobs the way that they are currently envisioned.
Remove the regulations as the President vowed to do a week ago as well make our economy more competiive by stiffling Chinese imports. The new Immelt Council won't really be needed now because we already figured out what is necessary.
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