A group of Democratic senators is concerned that the Obama
administration's efforts to promote economic stimulus, aimed at
financing renewable energy, is creating jobs in foreign countries.
four senators, led by Chuck Schumer of New York, wrote to Treasury
Secretary Timothy Geithner on Tuesday to request a moratorium on the
Recovery Act program. They asked that the moratorium remain in place
until they can pass legislation mandating stimulus aid flow only to
projects which preserve and create U.S. jobs.
Here's what's happening
that nobody wants to talk about: Huge solar and wind projects are being
funded with stimulus dollars in Texas, Oregon, and other states. That
would seem like a good thing - and is creating jobs installing the solar
panels and wind turbines.
The problem is that the solar panels are made
in China and the wind turbines are made in Denmark - and making the
panels and turbines is far more labor-intensive - meaning jobs - than is
just the installation and monitoring of them.
So our "green" stimulus
here in the US is creating jobs in Denmark and China. In large part,
this is because all the Republicans and some of the Conserva-Dems
opposed a "buy American" or "American-content" provision in the stimulus
bill, which produced this predictable result.
And the good news is that
the Administration is apparently waking up to the idiocy of
Reaganomics, Clintonomics, and Friedman's flat-earth stupidity. Keep an
eye on this one.
Thom Hartmann is a Project Censored Award-winning New York Times best-selling author, and host of a nationally syndicated daily progressive talk program on the Air America Radio Network, live noon-3 PM ET. www.thomhartmann.com
His most recent books are "The Last Hours of Ancient Sunlight
," "Unequal Protection: The Rise of Corporate Dominance and the Theft of Human Rights
," "We The People
," "What Would Jefferson Do?
," "Screwed: The Undeclared War
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