China? WTH, over? But wait, the jobs will eventually return to the U.S., correct? Somehow, I doubt it. But not to worry, it was but a paltry amount of money, just $2B. Man, what I could do with $2B!
Quote:
Energy: When even Chuck Schumer is upset with the White House, you know something's amiss. In this case, it's news that efforts to boost wind power with taxpayer stimulus dollars are filling foreign coffers and creating foreign jobs.
According to the Investigative Reporting Workshop at American University, nearly $2 billion in money from the American Recovery and Investment Act has been spent on wind power. The goal was to further energy independence while creating American jobs. It has done neither.
Of the 1,807 turbines erected on 28 wind farms receiving grants, foreign-owned manufacturers built 1,219, according to the workshop report. The installation of these turbines may have created as many as 6,838 manufacturing jobs overseas.
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Lots more to this story, you'll just have to read it, yourself, here:
Investors.com - Stimulating Green Jobs For China
For the past several months, though, I've seen I don't know how many transport trucks traveling north toward Fort Worth, and probably on out west with blades and motors galore, evidently coming up from Houston. Hm, wonder if the truckers are nothing more than subsidized Chinese trucking companies?
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