WHAT A WASTE!!! $625,000 per created JOB!!!

[healthmyths]

Folks... THIS company also gave Obama/Democrats money!!!

Battery maker A123 Systems vowed thousands of new jobs when it received a nearly quarter-billion-dollar stimulus grant in late 2009, but federal job-tracking figures show only a few hundred positions were created before the company joined a growing list of federally backed energy businesses that ended in bankruptcy.

Read more: Quarter-billion-dollar stimulus grant creates just 400 jobs - Washington Times

Quarter-billion-dollar stimulus grant creates just 400 jobs - Washington Times


VIEAU, DAVID P BOSTON,MA 02215 A123 SYSTEMS 6/23/2011 $2,500 Democratic Senatorial Campaign Cmte
IJAZ, MUJEEB WEST BLOOMFIELD,MI 48323 A123 SYSTEMS 6/14/2012 $1,300 Peters, Gary
VIEAU, DAVID P BOSTON,MA 02215 A123 SYSTEMS 9/21/2011 $1,000 Landrieu, Mary L

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[ilia25]

Quarter-billion-dollar stimulus grant creates just 400 jobs - Washington Times

Bullshit.

400 is only the number of jobs created directly at A123. But that company had to build manufacturing facilities, to buy new equipment, to buy supplies and services needed to produce the final product. The company employees were also spending their income. All those activities created/sustained many more jobs elsewhere.

 

[Dick Tuck]

Chinese Firm to Provide A123 Funds