The faddish obsession with "green jobs" is being revealed as a massive waste of taxpayer money.

Pipe dreams eventually are revealed for what they are – unrealistic, wishful thinking. It didn't take long for Spain's touted green-job revolution to be revealed as a financial disaster, siphoning taxpayer subsidies and destroying 2.2 real jobs for every green job created.

Domestic green-job pipe dreams similarly drain U.S. taxpayers' money into economic sink holes. The millions of so-called green jobs promised by President Barack Obama and other champions of taxpayer-subsidized energy schemes not only haven't materialized, many that did, already are disappearing.

It's truly a bad sign for the green-job revolution when failure becomes obvious even to acolytes.

"All this talk about the green jobs never materialized," liberal Democratic Rep. Maxine Waters of Los Angeles recently complained.

The New York Times rubbed salt in the wound when it reported in July that the nonpartisan Brookings Institution found clean-technology jobs accounted for only 2 percent of jobs nationwide. "Federal and state efforts to stimulate creation of green jobs have largely failed, government records show," according to a Times article from a San Francisco news outlet.