Workers at a Michigan battery plant built with a $150 million federal stimulus grant but never opened played games and watched movies while their wages were paid for by U.S. taxpayers, according to a government report.
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- The Chinese wouldn't allow this bullshit...Feb 14, 2013
- +About like that 123 battery plant,they folded and kept millions and funneled it back to Obana,s re election.Than what really got my gander was how he went around all these collages and promised them some relief on their loans.That,s allright,when they graduate see if they get jobsFeb 15, 2013
- They generate jobs and stimulate the economy by getting government out of the way and allowing the free market to work.
When the government decides on a whim to throw some money towards an industry it will fail if it isn't an industry that already has consumer support.Feb 15, 2013
- I assume you don't know that the space program led to things like the integrated circuit. The government funds many projects that are too leading edge for private industry. You statement is just so wrong I just don't know what to say. Want another example? Look at hybrid cars. There was no market for them initially and only tax rebates and preferred access to carpool lanes got the industry going. At that point, the government support was withdrawn and the industry is helping us gain energy independence.Feb 15, 2013
- The integrated circuit was developed to make ICBMs better.Feb 15, 2013
- Yes, I do I grew up during the cold war and the height of the space program. Most of the innovations you mention grew out of the defense program and were the result of long term funding.
I am referring to the stimulus programs where the president picks an industry and throws some money at it. Once the taxpayer dollars have been spent and there is no public demand for the product then where are are you now? You sell to China and the taxpayers are out of luck.
BTW, you might want to reread the last part of my original post on this subject. You seemed to not have gotten the point.Feb 15, 2013