“That’s not a path to a vibrant economy; it’s the road to serfdom.”
The Nevada Journal reports:
President Obama will tout investments in “renewable” energy Wednesday at the local Copper Mountain Solar 1 plant, although the plant has only five full-time employees.
The plant, owned by San Diego-based energy company Sempra, was built in late 2010 at a cost of $141 million. Funding included $42 million in federal-government tax credits and $12 million in tax-rebate commitments from the state of Nevada.
Construction of the plant involved over 300 part-time jobs, but currently only five full-time employees operate the plant, a Sempra spokeswoman confirmed. That comes out to $10.8 million in tax-dollar subsidies per employee…
$10.8 million, drawn out over a 40-year career works out to a flat salary for each employee of $270,000 per year.
The current salary (2011-2012) for rank-and-file members of the House and Senate is $174,000 per year.
Nice work, if you can get it!