Obama Promotes Electric Car Batteries in Michigan

Meredith Jessup | July 15, 2010 1:51 PM

President Obama joined Michigan Gov. Jennifer Granholm today in breaking ground on one of the plants that will manufacture electric car batteries, part of a $2.4 billion project

from the Obama White House.

"We're going to build these products in America," White House spokesman Robert Gibbs said Wednesday. "We're going to employ Americans. I think that's a strong economic record."

Fantastic. So the five people in America who actually drive electric cars will have an abundance of batteries.

I know Obama is all about the "green economy", but the market for electric car batteries isn't exactly hopping these days. And creating more supply in a market that lacks demand is, well, dumb. How about creating jobs in a sector that is actually economically viable?