Another Green Subsidy Crashes
It does make one wonder just how long the American taxpayer can fund crony capitalism. We must remember that government funding of green energy has led to high unemployment in Spain which is also teetering on the verge of national economic collapse. Do we have enough accumulated wealth to continue our wayward spending? This is an important question as our government policy has effectively frozen any economic growth. So we are rapidly squandering the wealth we produced in the past two decades. Is it enough? I am one citizen who is not willing to find out. It is imperative that we limit our government as quickly as possible before we follow Spain’s yellow brick road!
“An electric carbattery company reportedly has laid off 125 employees since receiving $390 million in government subsidies, but is still handing out big pay raises to company executives.”Read more: http://www.foxnews.com/politics/2012/02/26/green-energy-company-given-federal-stimulus-funds-lays-off-125-workers-gives/#ixzz1niXejl8I