Wasted Stimulus

Failed Policy: The Obama administration's jobs plan was based on a greening of the economy. But the green jobs aren't materializing, a fact driven home by the recent bankruptcy of a solar power company.

During the 2008 campaign, candidate Barack Obama said he would create 5 million well-paying "green" jobs within 10 years.

Politico has reported that "he's spent considerable time since entering the White House trying to make that happen."

Indeed he has, though there has been no payoff. Yet he refuses give up on his quixotic quest. Last week Obama toured to much fanfare a Johnson Controls plant in Michigan where $300 million in conservation grants produced 150 jobs — at a cost of $2 million per position.......