Four Big Problems with Obama’s Energy Subsidy Push

President Obama pushed for expanding wind energy and advanced energy manufacturing subsidies at the wind turbine manufacturer TPI Composites in Newton, Iowa, today.

These subsidies have and continue to enjoy bipartisan support precisely because they benefit both Republicans and Democrats come election time, when they can say they helped create jobs for their district and state. But targeted tax credits and other subsidies are wasteful and economically destructive for four fundamental reasons:

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