Apparently the Spanish program has failed miserably, driving up energy costs, putting a big drain on their already fragile economy, while creating very few green jobs. Their intentions may have been good but the actual results have been poor, with none of the promised benefits materializing.
This is the program Obama wants to emulate? Even the Spanish know that isn't such a great idea.
The president of the United States, Barack Obama, doesn't seem to have chosen the right model to copy for his "green economy," Spain. After the government of José Luís Rodríguez Zapatero demonized a study of different experts about the fatal economic consequences of renewable energies, an internal document from the Spanish cabinet that it is even more negative has just been leaked.But none of this has deterred Obama's plans to lay a heavy burden upon the American people and the American economy all in the name of "saving the planet."
The internal report of the Spanish administration admits that the price of electricity has gone up, as well as the debt, due to the extra costs of solar and wind energy. Even the government numbers indicate that each green job created costs more than 2.2 traditional jobs, as was shown in the report of the Juan de Mariana Institute.
Why is it our President feels the need to do everything he can to cripple the economy with pie-in-the-sky feel-good laws that, in the end, do far more harm than good? Until recently I would have said it was due to his blindness to the evils of socialism. Instead, I have to think that it is something far more basic: he's an incompetent surrounded by incompetents (his advisers).
As the old saw goes, "Never attribute to malice that which can be adequately explained by stupidity."
Obama may have book smarts, but he has never exhibited one ounce of intelligence or aptitude when it comes to governing the country. Then again, he never had any executive or economic experience before he was elected to the Oval Office. The only thing he's been good at has been getting elected.