Sad facts about Obama's green job agenda -- little more than a ponzi game for special interests

http://www.businessweek.com/articles/
2012-10-11/the-5-million-green-jobs-that-werent

  
<<<<  5  million new  green jobs promised; 60,000 delivered; only 30,000 are new jobs.

From the Labor Department’s inspector general:

Only 38 percent of those who have completed training got jobs based on that training

Only 16 percent kept jobs for at least six months — the key measure of success for the program.

“Outcomes for participants were far less than originally proposed.” 

The government earmarked more than $400 million for green jobs training programs, and $328.5 million has been spent so far.

About half were already working in the energy sector and wanted retraining.

Half were potential new energy workers.

Of those workers who already had energy-sector jobs, the auditors said they were retrained, even though they didn't need it.

“We found no evidence that the incumbent workers in our sample required services or training to keep their job or obtain a new one,” the investigators said in their report.

The audit was released by House oversight committee Chairman Darrell E. Issa, who requested the update.

Mr. Issa said in addition to poor performance records, the green jobs money “served as a slush fund” for the Obama administration to dole out payments to allies “like the National Council of La Raza, the Blue Green alliance and the U.S. Steelworkers Union.”