We all understand that federal spending has increased under President Obama. We also know that the economy is limping along rather than following the path of a traditional recovery. We have had stimulus packages and Quantitative easing (QE), and we are still struggling.
The article reports:
Only 38 percent of those who have completed training got jobs based on it, and only 16 percent kept jobs for at least six months — the key measure of success for the program.
“Outcomes for participants were far less than originally proposed,” the auditors said.
The government earmarked more than $400 million for green jobs training programs, and $328.5 million has been spent so far.
About half were already working in the energy sector and wanted retraining, and half were potential new energy workers.
Of those workers who already had energy-sector jobs, the auditors said they were retrained, even though they didn’t need it.
A 16 percent success rate is nothing to brag about. So what was the stimulus to green energy about? The truth comes out in the last paragraph of the article:
Mr. Issa [Rep. Darrell Issa (R-Calif.)]said in addition to poor performance records, the green jobs money “served as a slush fund” for the Obama administration to dole out payments to allies “like the National Council of La Raza, the Blue Green alliance and the U.S. Steelworkers Union.”
This is one example of many reasons taxes on working Americans can easily be cut.