These charts shows where the $24B of federal subsidies to energy projects went in 2011 and comparisons over the past 35 years.
With his focus on alternative energy,Obama has ramped this number up to levels not seen before.
This strategy is a payoff to environmentalists. Obama will tout his spending record this fall. This is a “positive” message; and will probably get him votes.
The flip side is that many of the alternative energy investments are connected to characters that are having swell parties to raise money for O. Think Solyndra.
When Obama does play the “I’m green” card, the Republican PACs will have a field day. The ads won’t stop. We might see the “ugliest” election in history.
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