informationliberation
The news you're not supposed to know...




An Introduction to Austrian Economics: Understand Economics, Understand Everything
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Sep 12 2010, 11:57 PM Category: Commentary Source: Activist Post Print

Obama Touts Inefficient Program to Defend Stimulus: $1.4m per Green Job Created

by Activist Post

Surely everyone would love to see cleaner energy programs in the U.S., especially given the environmental catastrophe looming in the Gulf. And certainly, the American economy desperately needs jobs. But leave it to our broken government to spend the stimulus money as inefficiently as the TARP funds which did very little to create jobs. In a recent Associated Press release the Obama administration defended criticism of the stimulus "economic recovery program" by touting the jobs created under the $2.4 billion "advanced battery" program:
Battery maker A123 Systems Inc. planned to open a new lithium ion battery plant Monday in Livonia, Mich. About 300 workers, many formerly laid-off auto workers, were to join Energy Secretary Steven Chu and Michigan lawmakers to promote their production of battery cells and components. The Watertown, Mass.-based company received $249 million under the stimulus program and plans to open a second facility next year in Romulus, Mich.
Automotive supplier Johnson Controls Inc. last week started shipping batteries that were made at a Holland, Mich., facility built with the help of $299 million in federal grants. The factory expects to employ 90 workers by late next year and could produce 75,000 to 150,000 batteries a year, depending on the mix of hybrid and electric vehicles it supplies.
So according to this release, only 390 jobs were created from the $548 million taxpayer investment, or about $1.4 million per job. At this rate, the full $2.4 billion allocated for the federal advanced battery program would create a whopping 1714 jobs. This is a far cry from the estimates cited in the article by Michigan Gov. Jennifer Granholm, D-Mich, who said, "the federal battery program, along with state incentives, are projected to create 63,000 jobs in Michigan."

Of course any job creation is a good thing, but it is laughable for the administration to use this particular program to debunk criticism of the stimulus spending. The $787B stimulus represents about $2625 for every man, woman, and child in America, and about $7500 for every taxpayer. It seems that the money would be better spent if returned directly to the citizens who can then go buy solar panels, or fuel efficient vehicles if they choose.
____
Activist Post is an Independent News blog for Activists challenging the errors of establishment.





Latest Commentary
- Perpetual Fear Under Empire
- Would Appointing a War Criminal as Commissioner Redeem the NFL?
- Barack Obama: Terrorist
- Russell Brand: Will Obama's Bombs Stop Beheadings?
- Shorter Obama War Speech... The Top Five List
- Obama Follows Bush's Iraq Playbook
- 'Obama Snubbed at Top Golf Clubs'
- Drug Warriors Claim Colorado Going to Pot









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

17-Yr-Old In Critical Condition After Window Malfunction Leads to Tasering During Traffic Stop - 09/16Oklahoma Woman Killed Fleeing Police in Drug Bust - 09/16James Foley's Mother Claims She Was Threatened With PROSECUTION If Family Paid Ransom - 09/15Overkill: Militarizing America - 09/16Call the Anti-Police: Ending the State's "Security" Monopoly - 09/16The Black Hole of the American Injustice System - 09/16Russell Brand: Will Obama's Bombs Stop Beheadings? - 09/16FBI's Facial Recognition Program Hits 'Full Operational Capability' - 09/16

Rialto, CA Police Made to Wear Cameras, Use of Force Drops by Over Two-ThirdsCop Who Karate Chopped NY Judge In Throat Gets Off Scot-FreeFlorida Cop Smashes Compliant Woman's Face Into Car -- "Maybe Now You Can Understand Simple Instructions"VIDEO: Lapel Cam Reveals A Day In The Life Of A U.S. Police Officer (Tasing, Beating, Breaking & Entering, Stomping On Heads... and Laughing About It)Caught On Tape: Officer Sucker Punches Inmate In Face, Files Report Claiming 'Self Defense'Insult Person On Twitter, Go To JailSWAT Team Brings TV Crew To Film Raid Against Threatening Internet Critic -- Raids Innocent Grandma InsteadCop Karate Chops NY Judge In The Throat
(more)

 
Top