Another swamp dweller may just be the one to finally expose the "renewable" industry. Think about the big solar companies like Solyndra, a personal friend and confederate of the "Community Organizer in Chief", who received a huge payoff and promptly declared bankruptcy, pocketing the payoff.
Solar panels have been falling in price because most are produced overseas. An American producer, Suniva, has been making panels and because they are not getting government money anymore, they are not very competitive. They just filed Chapter 11 and are now proposing that the government has to impose huge import taxes on the foreign panels to make them competitive.
When good economics fail, supply and demand, profitability, consumer acceptability and preference, and such, we can not allow outside influence to make judgments that skew the results. Those influences are mostly in the form of government subsidies which or in this case higher prices from taxes, to use a tired and old saying, “pick winners and losers.” When I took economics from Milton Friedman he made it simple. The new wave of economists, those like Keynesian Paul Krugman, do not believe that the economy can recover or build without deficit spending and high taxes so the government can fund jobs and growth. One thing we have learned is that government does not solve the problems, they create the problems. And the more problems they create, the bigger the bureaucracy has to be overcome them.
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