Obama’s Vision for American Jobs

Rewind to May of 2010:

Obama toured the facility and said  “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. ”

You can watch the full Obama speech here:

At 08:25:

The true engine of economic growth will always be, companies like Solyndra.  Will always be America’s businesses.

At 08:54:

So that’s why even as we we cut taxes and provided emergency relief over the past year.  We also invested in basic research.  In broadband networks.  In rebuilding roads and bridges.  In health information technology.  And in clean energy.

‘Cause not only would this spur hiring by businesses, it would create jobs in sectors with incredible potential to propel our economy for years.  For decades to come.  There is no better example than energy.  We all know the price we pay as a country as a result of how we produce, and use, and yes waste energy today.  We’ve been talking about it for decades.  Since the gas shortages of the 1970’s.

Fast forward to present time:

President Barack Obama is standing by his support for renewable energy after Solyndra Inc., a maker of solar panels that received a $535 million U.S. loan guarantee, shut its doors, a White House spokesman said.

Solyndra suspended operations and plans to file for bankruptcy reorganization because it couldn’t compete with larger rivals, the closely held company said in a statement yesterday.

Obama had touted Solyndra as part of the U.S. effort to aid development of alternative energy sources, and its failure was cited by Republican lawmakers who say the subsidies are misguided. It’s the third U.S. solar company to go under in a month, as plunging panel prices and weak global demand drive a wave of industry consolidation.

via Obama Stands by Renewable-Energy Aid After Panel Maker Solyndra’s Failure – Bloomberg.

So much for Obama’s grand experiment.  So much for his all seeing insight.  Indeed when one looks at Obama’s record on job creation there seems to be plenty more where that has come from.  1100 more examples of hope given and then cruelly yanked away.

Personally I believe that we not only CAN do better than this, we MUST.  But not with Obama.  It’s not the economy, stupid, it’s the frackin’ President himself.

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One Comment on “Obama’s Vision for American Jobs”

  1. Anonymous ;-) says:

    I think the real story has been uncovered. Evidently the Solyndra owners were big time contributors to the Obama campaign, who were repaid with a half a billion dollars of taxpayer money. I suppose they really weren’t entrepreneurs first, just idle rich men who thought “hey, it might be great, to run a green business.”


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