There's no such thing as a free lunch

As the saying goes, "Give a man a fish and you feed him for a day, but teach a man to fish and you feed for a lifetime." The tax rebate that the worst president in my lifetime and our corporate-serving Congress have generously 'given' America is a perfect example of a $1.6-billion "give a man a fish." It's not free cause we have to pay it back over the next two years, and is nothing more than an election time, "feel-good" smoke screen. One billion dollars of that money could easily build 20 factories that manufacture smaller solar or wind generators designed to fit single homes or city buildings and could possible, for start, employ a few hundred people in each factory in states where job loss is greatest. With assembly factories being built, parts suppliers already in business would automatically increase manning to meet the new supply demand, creating still more jobs. The remaining $600 million could easily be used to give low income, start-up loans to thousands of small businesses that would install those green energy units on homes and city buildings, or to homeowners to purchase those units. The new small businesses would result in tens of thousands of additional new jobs that could never be outsourced. These efforts plus regular subsidies equal to that "regularly given" to oil and coal industries would guarantee the success of green energy businesses, and these tens of thousands of new, green energy jobs would then spur tens of thousands of other new jobs in non-related service industries.
Norwalk Reflector Staff
Jul 25, 2010

As the saying goes, "Give a man a fish and you feed him for a day, but teach a man to fish and you feed for a lifetime."

The tax rebate that the worst president in my lifetime and our corporate-serving Congress have generously 'given' America is a perfect example of a $1.6-billion "give a man a fish." It's not free cause we have to pay it back over the next two years, and is nothing more than an election time, "feel-good" smoke screen.

One billion dollars of that money could easily build 20 factories that manufacture smaller solar or wind generators designed to fit single homes or city buildings and could possible, for start, employ a few hundred people in each factory in states where job loss is greatest. With assembly factories being built, parts suppliers already in business would automatically increase manning to meet the new supply demand, creating still more jobs.

The remaining $600 million could easily be used to give low income, start-up loans to thousands of small businesses that would install those green energy units on homes and city buildings, or to homeowners to purchase those units. The new small businesses would result in tens of thousands of additional new jobs that could never be outsourced. These efforts plus regular subsidies equal to that "regularly given" to oil and coal industries would guarantee the success of green energy businesses, and these tens of thousands of new, green energy jobs would then spur tens of thousands of other new jobs in non-related service industries.

It would be a nice change if Americans who whine constantly about out country's energy problems, but still "loyally" follow where corporate-serving politicians lead then, would actually make an effort to think about REAL job-producing economic incentives.

Rick A. Mullins

Norwalk

Comments

rerussell74

Rick has the right idea that this give away is really just bad economics and doesn't address anything long term. However, his solution is just a bit skewed toward green business and is another give-away: "...give low income, start-up loans. ..."

The long term solution is lower taxes and fewer regulations. How many small businesses never get started because the regular person with a good idea, excellent service standards and good business sense just doesn't want to have to deal with all the regulations ? And lower taxes must include lowering them for small businesses and corporations.

Until we elect politicians that care more about the long term reduction of taxes and government regulations than their own political careers, we're going to be saddled with a stagnant economy.