Monday, November 21, 2011

Keep Shoveling Money...Eventually Something Good Will Happen

The November 21, 2011 Investors Business Daily reports that the Department of Labor has decided that unfair competition by the Chinese are what drove Solyndra under, so all 1100 of their employees are eligible for retraining assistance--worth about $13,000 each, for a total of $14.3 million.

I have a hard time being upset about this assistance to people who were simply workers in the crony capitalist hive, but it is just one more chunk of money that we are spending to cover over the stupidity of the Obama Administration's "green strategy."  I wonder how much good that retraining assistance is actually going to do.  I wasn't eligible for any when HP laid me off in 2008, not that it would have much mattered.  No amount of retraining can make you under 40, and in the current state of the economy, it might not matter for many of those employees what they learn how to do.

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