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Stimulus creates jobs in China?

Of the $1 billion in clean-energy stimulus money spent since the beginning of September, $850 million has gone to foreign wind companies. It doesn't take a bunch of experts at a hastily planned "jobs summit" to discover this isn't the way to bolster employment in America.

Indeed, the 11 U.S. wind farms that received stimulus money from the Treasury have imported 695 of the 982 wind turbines to be installed, creating 4,500 jobs overseas. That's far more overseas work than the stimulus money has created in the United States.

Answer Question
 
grlygrlz2

Asked by grlygrlz2 at 11:59 AM on Mar. 10, 2010 in Politics & Current Events

Level 39 (106,530 Credits)
Answers (12)
  • On Oct. 29, a joint venture of American and Chinese companies unveiled plans for a new $1.5 billion wind farm in West Texas consisting of 240 Chinese-made turbines. The project is seeking 30 percent of its funding in government stimulus dollars. At best, hundreds of millions of taxpayer dollars will create a grand total of 30 permanent jobs. That's $15 million for each job if the project gets the expected level of federal funding.

    grlygrlz2

    Answer by grlygrlz2 at 12:00 PM on Mar. 10, 2010

  • Far more overseas work than the stimulus money has created in the United States. Thoughts?

    grlygrlz2

    Answer by grlygrlz2 at 12:01 PM on Mar. 10, 2010

  • Great can't support our country so lets support others. GOOD IDEA.
    hot-mama86

    Answer by hot-mama86 at 12:01 PM on Mar. 10, 2010

  • was that part of the deal to borrow the money form China? Stimulate their economy first?
    Anonymous

    Answer by Anonymous at 12:05 PM on Mar. 10, 2010

  • Isn't that special?frustrated

    Anonymous

    Answer by Anonymous at 12:16 PM on Mar. 10, 2010

  • President Obama is also more concerned about entrepreneurship in the muslim world.When are those millions of jobs he said would come from HIS big ideas and spending going to surface for us AMERICANS? Oh right I forgot that isn't really the plan.

    Anonymous

    Answer by Anonymous at 12:24 PM on Mar. 10, 2010

  • This would be really funny if it wasn't so disheartening.
    mancosmomma

    Answer by mancosmomma at 12:31 PM on Mar. 10, 2010

  • Again I say it should be OBVIOUS to even the dimmest bulb in the box that Obama is not concerned about jobs for Americans.
    tnmomofive

    Answer by tnmomofive at 1:04 PM on Mar. 10, 2010

  • These libs are just so damn bright, I wish they would have been in office the last 200+ yrs.
    Carpy

    Answer by Carpy at 1:14 PM on Mar. 10, 2010

  • We can also thank Clinton and every other president who has approved free trade agreements that allow companies to so easily send work overseas. It's all part of the global economy.
    meriana

    Answer by meriana at 3:57 PM on Mar. 10, 2010

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