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Thursday, June 21, 2012

Obama Administration Program Spent $10B to Create 355 Jobs Per Year

The Obama administration spent $10 billion to create 355 renewable energy jobs per year, according to testimony offered Tuesday before Congress by a Congressional Research Services expert.

Asked by Rep. Cory Gardner (R., Colo.) “how many jobs were created” in 2009 and 2010 under the 1603 renewable energy grant program authorized by the Obama administration, a CRS specialist in public finance admitted that $10 billion was spent to create 3,666 construction jobs over a two-year period–and only 355 jobs per year going forward.

Dr. Molly Sherlock, the CRS specialist, first said the jobs total would depend on the type of job–and differentiated between “induced,” “direct,” and  ”indirect” jobs–before Gardner asked for a straight number.



Bullard Construction said...

Well, that comes to 28.2 million dollars a job! Can I have one? What's up with this? How much did the jobs pay? WHO GOT THE REST OF THE MONEY?

Anonymous said...

Well now...that's for 3 & 1/2 years

Anonymous said...

What's an "indirect" job?