Did you read the article?
First:
Henrik Fisker said the U.S. money so far has been spent on engineering and design work that stayed in the U.S., not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.
Sounds to me like people who got college degrees in engineering benefited from the loan, not unskilled labor.
Did you read the article? That's your best argument for the money? How many engineers you think they employed? 10, 100, 1,000? Show me an intemized list of where that cash went and I will retract the post.
ABC News sent questions to the White House Monday and requested an interview with the vice president. Biden was not made available, but an official in his office said "the Office of the Vice President did not encourage the Department of Energy to choose any particular company over any other but, like others in the Administration, supported the Department's loan program and the creation of car manufacturing jobs in the United States."]
I can't and neither can you. That's all private business information.
And irrelevant. Manufacturing jobs require more than people putting things together. Besides, half of the work is automated anyway. Why should we, as a nation, keep supporting old, out dated methods of mass production just so the uneducated can have a job? You want us to be like China and it's Rice Farmers?
And of course why should you be surprised that electric cars can't be produced here without building a new plant? All the factories being closed down are for gasoline vehicles and the only places capable o making the electric ones are being used by other companies.
Whether or not I am surprised is irrelevant. Shouldn't the government thought about that prior to them handing out our money?
Maybe they did or maybe they didn't. Maybe they just thought it would be Gasoline powered cars? Maybe the company just assumed they could find a plant within 2 years?
Of course it doesn't really matter does it? Half a billion probably didn't even cover the whole cost of R&D.
This is a pretty big failure on your part dude. I expected better from you.
Im not sure how...if any thing it's ABCs failure. I just posted it. The article lines up with the OP.
Not really. R&D in the US means it was US companies that actually did the work and thus hold the copyright to the designs.
And since the manufacturing is being done by a separate company, well...
not on the 500 manufacturing jobs that went to a rural Finnish firm, Valmet Automotive.
http://en.wikipedia.org/wiki/Fisker_AutomotiveSee, Fisker is American. So you're upset that half a billion went into an American Company that put American workers in jobs and secured American technological designs for American Electric Cars?