Solar’s Bubble Busted
Conn Carroll /
The White House’s National Economic Council’s September 2009 report, A Strategy for American Innovation: Driving Towards Sustainable Growth and Quality Jobs, informs us: “A strong economy, but too reliant on precarious, bubble-driven growth, is unsustainable.” And it is true: our government should not try and inflate bubbles in order to spur short-term economic growth. Which is why the White House should read today’s The New York Times article on the Spanish solar program that President Barack Obama so often holds out as a model for our country to follow: (more…)