American Jobs Act, Solyndra, and a Regulatory Roundup
American Jobs Act
Last week in the Wall Street Journal, two researchers called the American Jobs Act a wasteful bailout for "Blue States."
"Obama’s so-called “jobs” bill would fail to create private-sector jobs, and increase the size of the national debt, while wasting billions on failed federal “jobs” training programs that backfire by spreading bad work habits and welfare dependency. It would also introduce discriminatory provisions into the tax code, provide disincentives to work, subsidize pork and boondoggles, impractical green-jobs schemes, and educational bloat, and pay off special interests. Obama’s proposals simply disregard experts’ suggestions about how to stimulate the economy, such as adopting common-sense regulatory reforms."
In the new CEI Podcast, Directer of the Center for Energy and the Environment Myron Ebell talks about solar-panel company Solyndra, which went belly-up after receiving huge government subsidies.
Fellow in Regulatory Studies Ryan Young presents another "Regulation Roundup" here.