REAL WORLD EVENT DISCUSSIONS

Something good for manufacturing

POSTED BY: NIKI2
UPDATED: Thursday, August 11, 2011 10:39
SHORT URL:
VIEWED: 400
PAGE 1 of 1

Thursday, August 11, 2011 10:39 AM

NIKI2

Gettin' old, but still a hippie at heart...


Here's one tiny victory for our manufacturing sector:
Quote:

People who actually care about what Presidents do, as opposed to how they talk, might be interested in Obama’s trip to Michigan on Thursday. He’s visiting a factory that builds batteries for electric vehicles, a factory that exists for three reasons: 1. Because Obama saved the U.S. auto industry. 2. Because Obama has ratcheted up fuel-efficiency standards, boosting demand for green vehicles. 3. Because Obama created a U.S. advanced battery industry from scratch.
.....
The Johnson Controls lithium-ion battery factory that Obama is visiting in Holland, Mich., was financed by his 2009 stimulus bill. Yes, that’s the pathetically tiny stimulus bill that any good liberal can tell you pumped a mere $800 billion into the free-falling economy—more than the entire New Deal in inflation-adjusted terms, and enough to prevent a depression, but still, a pittance compared to what it undoubtedly would have done if only Obama had properly and vigorously explained Keynesian economics.

Anyway, the pathetically tiny stimulus included an unprecedented $90 billion for clean-energy investments, including unprecedented investments in wind, solar and geothermal energy, biorefineries, the smart grid, electric vehicles, and factories to manufacture all that green stuff in the U.S. The most radical investment was probably a $2.4 billion grant program that helped finance 30 factories building advanced batteries and components, including $300 million for Johnson Controls, which had to match the government dollars with private dollars.

Before 2009, the U.S. was supplying less than 2% of a tiny global market in advanced batteries. When the stimulus-funded factories are all complete, they’ll have the capacity to supply 40% of a rapidly growing global market, about 500,000 batteries a year. The stimulus will also boost our supply of electric-vehicle charging stations by more than 3,000%. And the Obama administration has provided loans to help Tesla, Fisker and Nissan build electric-car factories in the U.S., all part of Obama’s pledge to put 1 million plug-ins on the road by 2015. That is what change looks like, even if the President doesn’t beat his chest and call for mass beheadings on Wall Street while it happens.

There are legitimate questions about how sustainable the battery industry will be in the U.S., how fast electric vehicles will spread in the U.S., and whether the government should interfere with the private sector at all. (Although as Jared Bernstein, Vice President Biden’s former chief economist, likes to say, we’re way more than a little bit pregnant on that last one.) It’s also fair to point out that these state-of-the-art factories are marvels of automation, a nice way of saying they don’t create all that many jobs; Johnson Controls will apparently employ about 150 workers in Holland. On the other hand, as electrification grows, we’re going to want to have a supply chain here if we want to have an auto industry here. And did I mention that Obama saved the U.S. auto industry in 2009?

My point, which I guess I’ve made before, is simply that the liberals who keep whining that Obama isn’t telling them what they want to hear ought to open their eyes and look at what he’s trying to do. Whining enviros should be especially grateful to Obama, which I guess I’ve also said before–-and that was before his latest round of fuel-efficiency standards for cars and light trucks, as well as the first-ever standards for buses and heavy trucks. As White House environmental aide Heather Zichal pointed out in a Wednesday briefing, those standards represent the biggest step the country has ever taken to reduce our dependence on foreign oil. She didn’t point out that they’re also the biggest step the country has ever taken to reduce our carbon emissions.

I can see why the White House’s failure to mention the climate crisis would be annoying to people who spend their days trying to raise awareness about it. But would you rather have a President who talks about climate change, or a President who does something about it? http://swampland.time.com/2011/08/11/stop-whining-about-what-obama-has
nt-said-look-at-what-hes-actually-done
/

It's only a small thing, but one worth noting, for me. We tend to see things as all black or all white, which is why we miss any number of things Presidents have done while in office. I'm willing to give him kudos for this. Now, as to heads on Wall Street...

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
A thread for Democrats Only
Wed, November 6, 2024 18:28 - 6922 posts
Biden’s 87,000 IRS Agents Set to Become Woke Army of “Equity” Enforcers
Wed, November 6, 2024 18:27 - 18 posts
compilation of 2020 election and vote threads - please add any I missed - & misc posts
Wed, November 6, 2024 18:24 - 128 posts
Trump wins 2024. Republicans control Senate.
Wed, November 6, 2024 17:34 - 9 posts
Elections; 2024
Wed, November 6, 2024 17:12 - 4611 posts
No matter what happens...
Wed, November 6, 2024 16:53 - 30 posts
Petition: Take the Keys of the White House away from Allan Lichtman
Wed, November 6, 2024 16:15 - 5 posts
What kind of superpower could China be?
Wed, November 6, 2024 15:47 - 55 posts
End of the Democratic Party (not kidding)
Wed, November 6, 2024 15:42 - 58 posts
Abortion
Wed, November 6, 2024 15:37 - 277 posts
Hollywood exposes themselves as the phony whores they are
Wed, November 6, 2024 15:34 - 37 posts
Senate Elections 2022
Wed, November 6, 2024 15:13 - 94 posts

FFF.NET SOCIAL