|Obama's $2 billion investment will cost US 11,000 jobs|
|Written by Kristin McMurray|
|Monday, 05 July 2010 14:38|
The US lost 125,000 jobs in the past month. In response, Obama has approved a loan for $2 billion for two solar energy companies.
The $2 billion dollar loan will create 5,000 jobs over the upcoming years. Now we know from Spain's experience we lose an average of 2.2 jobs for every clean energy job.
Taxpayers will be footing the bill for a $2 billion dollar loan that will create 5,000 jobs, which will cost Americans 11,000 more jobs.
Those 11,000 that will be unemployed should know that they have extreme environmental policies to thank for their situation.
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