In 2012, California voters were peppered with grandiose promises, such that they could not resist approving Proposition 39. The measure, created and backed by wealthy environmentalist Tom Steyer, sought to raise taxes on corporations and use the money to fund green energy projects in schools.
He promised it would create 11,000 new jobs each year. What could go wrong?
....
Naturally, it did not work at all. On Monday, the Associated Press reported that the program has "created" just 1,700 jobs in three years — just under 600 jobs per year or roughly five percent of what was promised, at the cost of $175,000 per job.
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