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Friday, May 11, 2012

Obama’s Latest Ad Touts $299 Million Stimulus ‘Success’ Of A Company That Downsized American Jobs And Outsourced A Factory To Hungary

One of Obama’s new campaign ads features the story of Brian Slagle, an auto-worker in Ohio, who was worried that during the recession he would lose his job....The ad shows him getting up early to head into a job that provides for his young family. And he’s really grateful to Obama for it. But should taxpayers feel the same way? Johnson Controls received $299 million in taxpayer-funded stimulus dollars to make electric batteries and open up two factories in the U.S. But instead of opening two American factories, as they expected, Johnson Controls only opened one, according to a report last year from the Washington Post, and that plant only operates at half-capacity. But never fear, Johnson Controls just announced last month that they will build a second plant after all… in Kecskemet, Hungary.
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The Libertarian Review 

Judy Morris,
Blogger, THL
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