Reflecting further on my previous post on the failed insulation program, perhaps we should consider the program from the perspective of putting the insulation industry permanently on the taxpayer life support?
Before the original insulation program, the industry existed nicely without government subsidies.
Then, on the pretext of insulating us from the global financial crisis (excuse the pun), the Government rolled out the insulation program in February 2009.
Now it is clear that even proponents of the stimulus program would find it difficult to justify further new stimulus measures.
We discover that the original insulation subsidy program is a failure for various reasons and the government rightly cancels it.
So why do we need a replacement? Has the Government turned the insulation industry from a subsidy-free industry into one – like the automotive industry – that has become addicted to subsidy?
