Obama Is A Really, Really Bad Businessman
October 22, 2012 by Sam Rolley
Conservatives often argue that government is inefficient and loves to waste money. Now, they are getting a look at what it looks like when government gets involved in the manufacturing sector.
Workers at a heavily taxpayer-funded battery plant that cost about $300 million spend most of their time not churning out expensive lithium-ion batteries for Chevy Volts, but rather playing cards, reading magazines and cleaning the building.
Investigators from Wood 8 TV reporting in Holland, Mich., found that many taxpayer-funded workers at LG Chem spend much of their time doing absolutely nothing.
“There would be up to 40 of us that would just sit in there during the day,” former LG Chem employee Nicole Merryman, who quit in May, told the news station.
The plant was made possible by $151 million provided by President Barack Obama’s stimulus bill; and of its 200 employees, 100 are paid for through the grant. So far, according to the news channel, $133 million of the grant money has already been spent; about 40 percent went to foreign companies.
In recent months, while many of the taxpayer-funded employees have become tired of sitting idle, they have reportedly taken to doing volunteer projects throughout the local community while on company time.