Jobs, At what cost?

http://tinyurl.com/3aqtp28

The Obama Energy Department has once again ventured into garenteeing loans for solar projects, to the tune of $1.1 Billion. According to their own estimates, these two projects will create 900 contruction (read: temporary) jobs, and at least 52 permanent jobs.

Let's do some math with what we know.

Let's assume, generously so, that the construction jobs pay $100,000 per year and last 2 years. After spending $180 Million on those jobs, the 52 permanent jobs will cost almost $17.7 Million each.

And this undefensible project comes on the heals of a lost half billion dollars in Solyndra.

We simply cannot afford this.