August 16, 2011

A Triple Win!

"A triple win," is how Biden characterized it.
"It" was a big win for Seattle -- $20 Million in Federal Jack for weatherization and retrofitting. Green Jobs, baby! How's that hopey ch...
But more than a year later, Seattle's numbers are lackluster. As of last week, only three homes had been retrofitted and just 14 new jobs have emerged from the program. Many of the jobs are administrative, and not the entry-level pathways once dreamed of for low-income workers. Some people wonder if the original goals are now achievable.
The President is very concerned that we may not have the money for more of these triple wins.

Hat-tip: Instapundit

Environment Posted by John Kranz at August 16, 2011 7:01 PM

If the GOP gets their way, we might have to start settling for double wins -- and we're a triple-win country!

Posted by: jk at August 16, 2011 7:09 PM

Not to be the math geek here, but...

Twenty million dollars, to retrofit three homes over the course of a year... that's six and two-thirds million per home. How much would it have cost to scrape the lots clean and built entirely new, modern homes?

To create just fourteen jobs for a year... that's a million and a half per job.

I take it Biden isn't any better at math than he is at most other intellectual pursuits. Math is hard!

Posted by: Keith Arnold at August 16, 2011 7:32 PM

"[S]crape the lots clean and built entirely new, modern homes" does not sound very environmentally friendly to me.

Posted by: jk at August 16, 2011 7:50 PM

More economically-friendly that what they did, though, and odds are, not all that much harsher on the environment.

Posted by: Keith Arnold at August 17, 2011 12:10 AM | What do you think? [4]