It is with a pitying prurience that we suffer through supporters of the unsupportable on occasion losing control and, breaking free from whatever governor or filter they have, insisting on drawing more attention to their schemes once exposed. As touched upon below, this ritual acting out is some unique strain of Tourette’s, outbursts of ad hominem to distract from the substance.
So, as fodder for more tantrums, feel free to view today’s exhibit from that tool of the right-wing media Bloomberg about Spain’s economic miracle — you could call it a sector-specific collapse — a heartbreaking tale of the gravy inevitably running out. It is a tale that, pre-collapse, Obama expressly sought to emulate and California is still actively pursuing, as is typical for the equally bankrupt California. Obama is now silent about Spain as his model and California claims its law is, er…the ‘world’s first’! Yeah, that’s it. Nothing to see over there. They’re all lying…. Etc. Etc. (In case of emergency, break glass and insert Arec Barrwin’s “The… Global warming and…Corporate America…” riff from Team America, here.)
As happened in Spain, California’s bill is certain to come due long before the preening political class expected. The UK’s Global Warming Policy Foundation has a roundup with the top six stories in today’s update being relevant, as well.
So, yes, dear, these ‘green economy’ schemes grow the economy. Of course, then so did Mr. Ponzi’s scheme. And naturally the plaintiff’s bar grows the economy, too. Because we need a bigger court system and people to craft the instructions on shampoo bottles. Except upon slightly more scrutiny than the Statists would like, they actually kill jobs. But if you only focus on this part I’m waving may hands at over here…
And upon such scrutiny, their approach of name-calling and fabrication instead of arguing the merits begins to look pretty good.