Romney Proposes Killing 37,000 Jobs
This is the exact opposite of what we should do right now in lieu of (1) climate change and (2) job creation:
Mitt Romney, a gentleman who is running for president of these United States, finally formalized his opposition to extending a key tax credit for the wind industry. The production tax credit, or PTC, provides incentives for growth in the wind industry and is due to expire at the end of the year. While his staff had previously suggested that the candidate opposed it, a spokesman was direct yesterday: let it die. From The Des Moines Register:
Shawn McCoy, a spokesman for Romney’s Iowa campaign, told The Des Moines Register, “He will allow the wind credit to expire, end the stimulus boondoggles, and create a level playing field on which all sources of energy can compete on their merits.”
The statement makes very clear what the game is here: politics. “Stimulus boondoggles” and “level playing field” are code words, shorthand for “corruption” and “fossil fuels come first” that need no explanation from the Fox News set. … It’s talking points.
Nationally, an expiration of the tax credit could cost 37,000 jobs.
Instead of talking points, I’d be more interested in seeing an economic analysis provided by the campaign that makes the case for why ending the tax credit is good for the country, the government, and local communities. It seems unlikely to happen, since evidence points to the contrary — that the credit has broad benefits to everyone except the easily spooked fossil fuel industy [sic].
A massive, national initiative to create wind farms all around the country (and to install solar panels on homes and office buildings) would put hundreds of thousands to work while helping wean us off fossil fuels. But no. The fossil fuel industry is simultaneous destroying the planet while keeping us from slowing the destruction.
They literally own the place. The whole place. As in, well, the planet.