Wotka World Wide

Friday, May 28, 2010

Spain has recently acknowledged the failure of its 'Green' jobs program, and now they are moving to reverse the policy, in the interests of averting a Greek situation with spiraling debt and falling revenues. One could even say that this plan is contributing to the unsteadiness of the Euro, and thus to the world economic recovery as well.

Just goes to show, yet again, that a government cannot realistically and efficiently redirect the course of an economy. What does this mean for President Obama and his 'Green' jobs push? Just a redoubling of his efforts. More pie in the sky thinking from the guy who wants to ban nuclear weapons. The actual functioning of the world has no effect whatsoever on his thinking.

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