One of President Obama’s silliest lines is that we need to “invest” (read: “subsidize”) in “the energy of the future” (read: “energy sources that are prohibitively expensive and extremely inefficient”) so that China doesn’t beat us to the “clean-energy future.” This is silly because, as of now, this “clean-energy future” is just a future of more government subsidies for politically connected companies that produce products that don’t create value.