23 Jul Obama Creates “New Math”
Watching President Obama is like watching a robot programmed to one word: Green. No matter the problem the solution is always to “go green”. Not enough jobs? Go green! Oil spill? Go green! No matter the crises the cry is always the same. Go green. Well according to the Washington Post perhaps “going green” is not the answer on creating jobs in Michigan.
This article explains all about how Obama plans to save our struggling economy, and create new jobs with new factories that will produce batteries for electric cars. The article also includes the information that Major manufacturers have not sold any electric cars in the U.S. and that Hybrid vehicles make up less than 1% of the 250 million vehicles on our highways. But most interestingly to me, the article explains that the only announced customer of this new factory is the Chevrolet Volt, a new line of electric cars being produced by none other than government owned General Motors! So Obama’s only customer is essentially, himself.
The numbers: The factory is slated to produce 15 mil. battery cells per year. GM is slated to produce 30,000 new Volts in the coming year, which will each (supposedly) require 288 battery cells. That is a demand of 8,640,000 battery cells. This is less than 60% of the supply coming out of the factory each year. Apparently Obama has created “new math” this will not only allow him to oversupply his demand, but it will also help him to keep factory workers in their jobs even when they’re not selling any of the product they are producing!
In short if the demand is less than the supply, all 300 of the new jobs created by this factory will be gone in a year.