If you drew a straight line between the Obama White House, Harvard and Martha’s Vineyard, you’d apparently find no real economists judging by the effluvia created through progressive economics in this country.
But would it be too much to ask if we could have a few people who could just add, subtract, multiply and divide? What exactly is an Ivy League degree worth if you can’t do lower mathematics?
I guess a lot less than Sarah Palin and a University of Idaho bachelor’s degree is worth.
Go Uof I Vandals!
In a quest for a few more “green” jobs that the administration can brag about, the Department of Energy recently announced that they have awarded a Spanish company, Abegnoa Bioenergy, $134 million in loan guarantees for an experimental biomass plant that will create- count ‘em- only 65 “permanent” jobs in Kansas.
Say what you want but Palin’s career shows she knows how to divide 65 jobs into $134 million. That skill apparently is beyond the ken of the Hallowed-Halls-of-Harvard-and-Princeton crowd. But it certainly seems like a valuable skill for a president to have.
$134,000,000 /65= $2,061,538.46 per job.
With these kinds of economies of scale, it would make more sense for the administration to make 65 people multimillionaires outright with that money. Just think: 65 more people they could tax at a higher rate.
What’s more fair than that? I mean besides not taxing everyone out of business. But, since that’s not an option....
Oh, I forgot. That makes too much sense for a liberal. They don’t like millionaires.
They only like Brazilian, Spanish and progressive billionaires.
“This project is part of the Administration’s commitment to expand our advanced domestic biofuels industry,” said Energy Secretary Chu according to BrightEnergy.org. “Investments like these will create jobs and decrease the nation’s dependency on oil by using a sustainable, home-grown transportation fuel that will help reduce greenhouse gas emissions.”
Not likely.