Politicians specialize in convincing you that, with their help, you can have your cake and eat it, too. The idea of a new "green economy" that is both clean and rich with jobs became popular under Bill Clinton's administration, thanks in large part to a compliant media and Vice President Al Gore. But as I point out in my new book, "No, They Can't: Why Government Fails -- But Individuals Succeed," anyone who understands economics knows that President Obama's green jobs initiative is snake oil.
Obama boasted that his $2.3 billion plan would "help close the clean-energy gap between America and other nations." But other nations now move in the opposite direction. "Countries are cutting these programs because they realize they aren't sustainable and they are obscenely expensive," says the American Enterprise Institute's Kenneth P. Green. In Spain, economists at La Universidad Rey Juan Carlos found that each "green" job cost more than $750,000...
Of course, some who push "green jobs" want the price of energy to rise. Then we will live in smaller homes, drive less and burn fewer fossil fuels. But if the environmental lobby wants Americans to be poorer, it ought to come clean about that.
Once you decide nature is inherently healthy, moral and beautiful, the reasons to restrict human activity are endless. Every time we move or breathe, we alter the environment. Some environmentalists won't be satisfied until our carbon footprint is reduced to zero.
The rest of my column here.