The new venture capital: The Obama Administration is giving $529 million in taxpayer dollars to a company trying to develop hybrid cars only the rich can afford (one for $87,000 and another for $47,000). But it promises to create 5,000 new jobs, which works out to $105,000 per position.
Noted environmentalist Stewart Brand makes the counter-intuitive argument that slums in developing countries are both good for people and the environment.
I have a BA in International Affairs and MA in International Trade and Investment Policy. I live in Washington, DC and work for a Fortune Global 500 company as a public policy analyst. I can be contacted at 2getrichisglorious-at-gmail.com.
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