The day after the elections, we learned that Solyndra, the great green hope, was going to shutter its original manufacturing plant and scale back plans for those thousand jobs that Obama had heralded just a few months prior.

by Brian Sussman at Human Events

EXCERPTS:

In announcing the deal, on September 4, 2009, Vice-President Joe Biden told Solyndra employees and associates, “By investing in the infrastructure and technology of the future, we are not only creating jobs today, but laying the foundation for long-term growth in the 21st-century economy.”

Biden was joined by Secretary of Energy Steven Chu who said, “This investment is part of a broad, aggressive effort to spark a new industrial revolution that will put Americans to work.”

n May, Solyndra was visited by President Obama, who proclaimed that the Stimulus money spent on the new addition to the campus would be worth every penny. “When it’s completed in a few months,” Obama said, “Solyndra expects to hire 1,000 workers to manufacture solar panels and [to] sell them across America and around the world.”

Then, quite conveniently, on the day after the elections, we learned that Solyndra, the great green hope, was going to shutter its original manufacturing plant and scale back plans for those thousand jobs that Obama had heralded just a few months prior.  The problem?  Fierce competition from rival manufacturers in China and in states where the business climate is more agreeable.

So, instead of having the 1,000 extra workers Obama said it would hire, Solyndra is laying off 175 people and will cap its workforce at fewer than 1,000.

FULL ARTICLE

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