Forget building this city on Rock and Roll and try Fracking instead. Just don’t try building it on solar power, wind power or pixie dust.
The U.S. metro area with the lowest
unemployment rate is a shale oil boomtown. The one with the highest
unemployment rate houses the world’s largest solar plant.
According to data released on Friday
by the Bureau of Labor Statistics (BLS), Midland, Texas, has a 2.9 percent
unemployment rate, the lowest in the country. Midland sits above the Permian
Basin Shale, a massive formation that constitutes a large chunk of Texas’
booming shale oil industry.
The West Texas town is also one of
the fastest growing metro areas in the country, which many attribute to its
booming oil-fueled economy.
In contrast to the successes of
those oil and gas boomtowns, Yuma, Ariz., is facing the highest unemployment
rate of any U.S. metro area at a whopping 26.1 percent.
Yuma is the site of the Agua
Caliente solar plant—the largest photovoltaic solar generation facility in the
world.
Agua Caliente received a $967 million loan guarantee from
the Department of Energy (DOE) in 2011. According to DOE, federal financing
helped create 10 permanent jobs
1 billion dollars to 10 jobs. That’s
only 100 million dollars a job. At that rate it will only take all the money in
the world to create enough Green Jobs to end unemployment.
If only we had an industry that
created revenues and jobs.
Source: http://www.frontpagemag.com/2014/dgreenfield/fracking-city-has-lowest-unemployment-rate-solar-city-has-highest-unemployment/
Comments:
The unemployment numbers quoted above are striking, even if
they are using the number who collect unemployment benefits. When you consider that 38% of working age Americans
have no jobs, the 2.9% rate in Midland Texas and the 26.1% rate in Yuma Arizona
gives the Yuma folks plenty of incentive to move to Midland. This is also a crushing indictment for the “green
energy” hoax.
Norb Leahy, Dunwoody GA Tea Party Leader
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