Your tax dollars at work! Our federal government is $14 trillion in debt, state budgets are deeply in the red, yet the Department of Labor is rewarding grants to colleges to train students on non-existent green jobs.
The Daily Caller reported:
The Department of Labor has issued several million dollars in grants to community colleges and specialized universities around the country to train students for “green jobs” in renewable energy fields. While the grants are supposed to fund the future “rank and file” workers of the renewable energy industry, there’s a glaring problem the DOL seemingly overlooked — those jobs are either non-existent or scarce.
A former college official who has applied for these grants and has in-depth experience working with the Department of Labor and the Department of Education told The Daily Caller that colleges will often fudge expected job placement numbers just to get extra government cash.
It’s not like these grants are being given to research and development programs at big name schools focusing on developing new renewable energy technology, either. They’re being given to universities and community colleges to train students in technical or associate degree programs to work in yet-to-be-developed fields. Many of the grants are promised to colleges that pledged to push “green jobs” or “new energy technology,” but don’t go into much more detail about how they plan to go about doing that.
At the same time, the federal government is losing out on billions in revenue by banning off shore drilling.
With oil currently at $90 a barrel and the royalty rate at 18.75 percent, that equals $3.7 million in lost revenue each day.
If the agency projections hold over the course of the year, the federal government would lose more than $1.35 billion from Gulf royalty payments this year.
The number grows even larger when coupled with a lack of Gulf lease sales and fewer rental payments. Those three components — royalties, leases and rent — make up a sizeable amount of government revenue.
The looming shortfall is raising red flags on Capitol Hill. Sen. David Vitter, R-LA, an outspoken critic of the Obama administration’s drilling moratorium and the subsequent slowdown in permitting, first called attention to it in September.
“It’s not only about job loss along the Gulf Coast — the federal government is losing revenue as a result of the administration’s misguided moratorium,” Vitter explained.