Tuesday, July 30, 2013

Obama on Keystone XL and Solyndra: Scoffing at Keystone's actual jobs, hyping Solyndra's imaginary jobs

President Obama’s low-ball estimate for Keystone XL jobs - The Washington Post
But the president shouldn’t pick and choose how he cites job-creation numbers. Perhaps he is tipping his hand on what he secretly thinks of the Keystone XL by citing a low-ball figure, generated by the pipeline’s opponents, but he should stick to using the official government estimate. (His 2,000-job figure is actually slightly lower than the Cornell estimate.)

Otherwise, the president ironically seems to be signaling that even his own government does not produce the “most realistic” estimate that should be used by reporters.
Two Pinocchios
2011: Obama’s Solar Panel Firm Goes Bust
Solyndra, like Obama, was full of hype but not much substance. Promising to create 3,000 high tech renewable energy jobs, when Solyndra went bankrupt last Wednesday it laid off only 1,200 employees. When the workers asked about severance pay they were told by company officers that there was no money remaining.

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