Obama and his economic wrecking crew (9.4% Unemployment and 2.2 million fewer jobs) has “launched a coordinated campaign to push back against the perception taking hold in corporate America and on Wall Street that President Obama is promoting an anti-business agenda.”
To prove his point he is calling on congress to provide $5 billion dollars in tax credits for clean energy technology. Via CNSNews:
Obama told an audience at the University of Nevada that a $5 billion increase in clean energy manufacturing tax credits could generate nearly 40,000 jobs. Some of those could arrive in Nevada, where 14 percent unemployment threatens to undermine Reid’s argument that his position as majority leader pays dividends to his state.
“If an American company wants to create jobs and grow, we should be there to help them do it,” Obama said.
Setting aside the facts that Spain has proven that ‘green energy’ costs 2.2 non subsidized private sector jobs for every 1 heavily subsidized ‘green energy’ job created and the technology can’t reliably provide electricity for a community of 87 people, this is nothing more than pandering it worst.
Why does the ‘green energy’ industry get even more tax breaks? Why are they more deserving than any other industry? Why not you an me, the average consumer? Because Obama only supports business he likes.
If Obama truly supported business he would drop the pursuit of the off shore drilling moratorium, the ‘Wall Street’ regulation legislation and the largest tax hike in American history that is going to hit January 1, 2011.
116 days until November 2nd, 2010
[...] This post was mentioned on Twitter by michiganBNN. michiganBNN said: motorcitytimes.com: Obama Supports Business… Only The Businesses He Likes: Obama and his economic wrecking crew (9… http://bit.ly/bvX2tp [...]
[...] has really been doing some fine work lately calling out Obama’spreferential treatment, unintended consequences of going green and more on the Global Warming [...]