Monday, October 18, 2010

Are Green jobs the answer to unemployment?

For quite some time, we have been hearing about how the green jobs are the next big jobs thing and that the America can benefit from largely since we will become pioneer in doing this first. But as with all the other things, we were the pioneer but the prohibitive cost of doing business has become clear when a news report came out the Chinese, with the enormous economies of scale, huge government subsidies and their clear intentions to dominate the market in the future have made the green jobs market their number one priority. In this case, the solar panels that they are making have become installing in the United States; even though some companies here are also making it but the expensive labor and cost realities have led them to outsource their work to China.

We can still make progressive in this case, but to put too much emphasis on it without realizing that we are not the only player in town will help tremendously and government subsidies would not hurt either. We need to set our priorities straight and know where we need to invest and where we need to pull back and let others do what they do best and benefit from it. Green jobs are not going to come overnight and transform our economy right away. In addition to green jobs, we need to put more manufacturing jobs here with less regulation and red tape and more incentives so there is a balance between high tech and the traditional manufacturing jobs.

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