In the governor's dreams, green jobs will replace all of the "tangible jobs" that the state's losing in agriculture, manufacturing, warehousing and construction. But "green energy doesn't create enough energy!" Mr. Kotkin exclaims. "And it drives up the price of energy, which then drives out other things." Notwithstanding all of the subsidies the state lavishes on renewables, green jobs only make up about 2% of California's private-sector work force—no more than they do in Texas. (WSJ, 4/21/2012)
This from the Journal quoting Joel Kotkin, professor at Chapman University in Orange, California. Want to see what the U.S. looks like if Obama gets another turn? Look at California first and then Greece. Vermont is not far behind. And what does the professor have to say about future wealth confiscation by Liberal government?
It's "a very scary political dynamic," he says. "One day somebody's going to put on the ballot, let's take every penny over $100,000 a year, and you'll get it through because there's no real restraint.
Mediscare
Liberals scare seniors by falsely accusing Republicans of wanting to take away their Medicare. But a friend and loyal reader forwards a schedule of planned Medicare premium increases. According to an e-mail sent from a health care provider, seniors will be paying 237% more in 2014 compared to 2012! The provider notes that these increases are included in Obamacare and notes wryly: just so seniors know who is throwing them under the bus!
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