" 'Green' jobs no longer golden in stimulus "

[WhiskeyGirl]

"Spending on renewables is slow to get out of the door. Leaks to foreign companies is an inadequate driver of jobs and growth and may not create a strong exporting industry," said Samuel Sherraden, an economic analyst at the New America Foundation, a Washington-based progressive think tank.

Only about $20 billion of the allotted funds have been spent - the slowest disbursement rate for any category of stimulus spending. Private analysts are skeptical of White House estimates that the green funding created 190,700 jobs.

The Department of Energy estimated that 82,000 jobs have been created and has acknowledged that as much as 80 percent of some green programs, including $2.3 billion of manufacturing tax credits, went to foreign firms that employed workers primarily in countries including China, South Korea and Spain, rather than in the United States. (Source: Washington Times)
Story Date: September 14, 2010

Why wasn't American money, on the backs of future generations, spent on Americans?  Where is American AID?

more here - http://www.inlandnewstoday.com/story.php?s=15974

No jobs for Americans.  The unemployed, and underemployed don't really notice all of Mr. Obama's tax cuts...

[WhiskeyGirl]

"Large grants to build green buildings don't generate many new jobs, except for a few architects," he said. "Subsidies for windmills and solar panels created lots of jobs in China," but few at home.

In one of several embarrassing disclosures for the administration, a report last fall by American University's Investigative Reporting Workshop found that 11 U.S. wind farms used their grants to purchase 695 out of 982 wind turbines from overseas suppliers.

With the United States  left as the only major developed country still flooding the market with government funding, competition from overseas suppliers promised to be more fierce than ever, Mr. Sherraden said.

"It is impossible to guarantee that clean-energy stimulus is not leaked abroad," he said. "We have to recognize that we are funding job-creation programs in Germany, Spain, Japan and China."

more here - http://www.washingtontimes.com/news/2010/sep/9/green-jobs-no-longer-golden-in-stimulus/?page=3