Tuesday, June 14, 2011

Obama Visits NC Plant That Used $39 Million Stimulus to Make $127 Light Bulbs and Pays CEO $4.2 Million

Obama Expects Americans to pay $127 Each for this 100 watt bulb

President Obama is desperately hunting for some good news with the nation’s economy. Or at the very least, at least one or two anecdotal success stories to help create an illusion that everything is on track. So today, Obama visited a North Carolina manufacturing plant that makes “green” energy saving LED light bulbs.

How cool is that? Obama can showcase a wildly successful American manufacturing company as proof manufacturing jobs are returning to America. And on top of that, he can promote his “green” agenda with a remarkable well designed and well thought out replacement for the good old incandescent light bulb.

A better bulb that saves energy and provides American jobs. This is exactly the success story candidate Obama promised on the campaign trail 3 years ago when he last visited the much smaller plant back in the pre-Obama days. And listening to Obama today, watching him swell with pride as he said:

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