Originally Posted by TonyR
Curiuos who this "they" is you refer to. Is it your understanding that it's the job of the POTUS to fix the econonmy and unemployment? All by himself?
I've got news for you. Unemployment (and underemployment) is going to remain considerably higher than normal for months, if not years.
the guy spent loads of money on his stimulus bills.. do not even want to know how much was wasted there..
I do know that another 150 millions was sent down another "green" rat hole..
$150 million in tax-payer funds were given to LG Chem in order to make batteries for the electric Chevy Volt and Ford Focus. Guess what has happened?
President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States," but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.
Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells.
The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from General Motors. The plant's batteries also were intended to be used in Ford's electric Focus.
and now I quote Romney "You don't pick the winners and losers. You just pick the losers