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| August 12, 2011 |
$2 million in stimulus funds for each job at battery plant Obama visited
Posted by Staff |
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CNS News reports:
President Barack Obama on Thursday toured a vehicle battery plant in Michigan, touting his administration’s focus on green technology and jobs, at a corporation where federal money authorized by the economic stimulus law that Obama signed at the beginning of his presidency had created "green" jobs at a cost of about $2 million in federal subsidies per job.
Obama told the employees of Johnson Controls Inc., in Holland, Mich., gathered at the factory that they represented how America can come out of a recession by making products that can be sold around the world.
“Look what’s happening in Holland, Mich.,” said the president. “Every day, hundreds of people are going to work on the technologies that are helping us fight our way out of this recession. Every day you’re building high-tech batteries so that we lead the world in manufacturing the best cars and the best trucks -- that just doesn’t mean jobs in Michigan. You’re buying equipment and parts from suppliers in Florida and New Mexico and Ohio and Wisconsin, all across America.” |
| 08/12/11 9:29 AM |
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