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... and it may be that low after 30 years of Raygun-nomics, the split between manufacturing and other employment is 60:40, and 85% of wind turbines bought with the stimulus are imported, because after the latest tax subsidy there is little excess US manufacturing capacity ...

... then assuming that the field is no more labor intensive per dollar than the US economy as a whole (I think that's a safe assumption), and assuming that the wind turbines will deliver power with greater value than their installed cost, then the job creation overseas (China, y'all, wherever) is:

85%x60% = 51%

15%x60% + 40% + (>50%) = >99%

So not allowing the stimulus money to be spent on projects where the wind turbines are imported is killing off 2 American jobs for each one job overseas that is avoided.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Tue Nov 10th, 2009 at 12:54:22 PM EST
And in any case, the purpose of promoting renewable energy is to reduce fossil fuel consumption and carbon emissions, this is a good on its own even if there were no jobs associated. Job are "just" an additional advantage and should not be the sole or even the first purpose of such investment.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Nov 10th, 2009 at 04:35:05 PM EST
[ Parent ]
That's easier to say if you live in a country without such a politically strong oil industry - if we are going to succeed in gaining these policies in the United States, we are going to need to have people in our coalition for whom the sustainable jobs, as opposed to here-today, gone-tomorrow jobs of an obsolete energy economy, are the first priority.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Tue Nov 10th, 2009 at 05:49:45 PM EST
[ Parent ]

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