Barack Obama recently campaigned in Ohio about the importance of his policies, solar energy efforts. Solyndra, endorsed enthusiastically by Department of Energy and the president, declared bankruptcy less than 12 months after receiving Obama’s “investment” of $534 million dollars. Unfortunately, Solyndra was not Obama’s only poorly performing solar energy investment. Obama has, so far, lost over 2 billion dollars in poorly performing solar companies that, soon after huge infusions of taxpayer dollars, filed for bankruptcy protection.
Consider Obama’s investment in “green jobs”. After three and a half years and almost one hundred billion dollars of “investments”, Obama’s programs have been able to create only a few thousand jobs, certainly not the 5 million “green jobs” originally promised by the president. And, many of those few thousand jobs created are actually existing government jobs that have been re-categorized by Team Obama.