President-Elect Donald Trump retained 1,000 jobs in the Carrier deal last month.
He also nabbed 50,000 jobs from telecom giant SoftBank, along with a $50 billion investment.
President Obama? Well, he’s just using tax-payer dollars to fund in overseas start-up companies.
How much more anti-American can you get?
The Obama administration is once again extending the American taxpayers’ far-reaching hand, this time as part of a mission to bring solar power to sub-Saharan Africa.
The effort is part of ‘Scaling Off-Grid Energy: A Grand Challenge for Development’ which, according to its website, is “a platform for donors and investors to develop Africa’s off-grid energy sector and coordinate investments to connect more households and businesses to electricity, faster.”
What’s the problem? The American taxpayer has become the unwitting and predominant donor of this project to the tune of $36 million, the largest investor by far. It’s a startup company, unproven and underfunded, and with very lofty goals of devising off-grid solutions for the energy needs of the poorest regions of Africa, which currently rely on pollutant kerosene and diesel fuels.
Unfortunately for Obama, he doesn’t have a good record with these — as they often lead to failure.
Solyndra filed for bankruptcy in September 2011, just two years after receiving $535 million from the United States. ECOtality also filed for bankruptcy in September 2013 upon receiving $99.8 million. Lastly, Fisker Automotive suspended operations in November 2012 after receiving nearly $200 million from taxpayers.
It’s time for Obama to end the chaotic spending and stop the midnight regulations.
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