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Say it ain't so Joe!
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<blockquote data-quote="Babagounj" data-source="post: 5749456" data-attributes="member: 12952"><p>[URL unfurl="true"]https://issuesinsights.com/2023/11/09/so-hows-that-historic-investment-in-clean-energy-paying-off/[/URL]</p><p></p><p>Has anyone checked up on those promises recently? Well, let’s see:</p><p></p><p><strong>Lower costs?</strong> Electricity prices are up 3% since Biden signed that bill into law, and up 24% since he took office. Overall energy prices are unchanged compared with August 2022 and are up 44% since January 2021.</p><p></p><p><strong>Well-paid jobs?</strong> According to the <a href="https://www.whitehouse.gov/briefing-room/blog/2023/10/23/bidenomics-in-action-clean-energy-jobs-and-investments-taking-hold-across-america/" target="_blank">White House</a>, “between January 2021 and March 2023, the economy added 11,000 jobs in electric power transmission and distribution, 8,000 jobs in solar power generation, 2,000 jobs in wind power, and 1,000 jobs in hydroelectric power.”</p><p></p><p>We’re not math geniuses, but that doesn’t seem to add up to “hundreds of thousands” of new jobs.</p><p></p><p>Average wages are down in real terms, which wouldn’t be the case if the Inflation Reduction Action actually created lots of “well-paid jobs” either.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5749456, member: 12952"] [URL unfurl="true"]https://issuesinsights.com/2023/11/09/so-hows-that-historic-investment-in-clean-energy-paying-off/[/URL] Has anyone checked up on those promises recently? Well, let’s see: [B]Lower costs?[/B] Electricity prices are up 3% since Biden signed that bill into law, and up 24% since he took office. Overall energy prices are unchanged compared with August 2022 and are up 44% since January 2021. [B]Well-paid jobs?[/B] According to the [URL='https://www.whitehouse.gov/briefing-room/blog/2023/10/23/bidenomics-in-action-clean-energy-jobs-and-investments-taking-hold-across-america/']White House[/URL], “between January 2021 and March 2023, the economy added 11,000 jobs in electric power transmission and distribution, 8,000 jobs in solar power generation, 2,000 jobs in wind power, and 1,000 jobs in hydroelectric power.” We’re not math geniuses, but that doesn’t seem to add up to “hundreds of thousands” of new jobs. Average wages are down in real terms, which wouldn’t be the case if the Inflation Reduction Action actually created lots of “well-paid jobs” either. [/QUOTE]
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