Rust Belt Is Going Green

"If you're looking over the long term, many millions of jobs have been lost in manufacturing," said Harry Holzer of the Georgetown Public Policy Institute. "I'm skeptical that green technology is going to create that many jobs to replace that magnitude of jobs.

"No single strategy can ever solve all our labor market problems or all of our poverty problems. One can see some public spending on green jobs," he said, but added, "We have to view it as one piece of a much larger puzzle."

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