It took an economist to figure this out?

http://www.freedompolitics.com/articles/green-2488-jobs-energy.html "It is well understood, among economists, that governments do not 'create' jobs," Green writes. "The willingness of entrepreneurs to invest their capital, paired with consumer demand for goods and services, does that. All the government can do is subsidize some industries while jacking up costs for others. In the green case, it is destroying jobs in the conventional energy sector -- and most likely in other industrial sectors -- through taxes and subsidies to new green companies that will use taxpayer dollars to undercut the competition. The subsidized jobs 'created' are, by definition, less efficient uses of capital than market-created jobs."


I'd say that was really rather obvious, myself...