More jobs and money lost

,

Sep 01, 2011 @ 12:25:29

Sign-Up I told you so.

There. I’ve said it.

In a preview of what’s likely to become a common occurrence in the Obama energy strategy, a California manufacturer of solar systems that was financed by a half-a-billion loan through the Obama administration announced that it would seek bankruptcy protection.

https://finance.townhall.com/columnists/johnransom/2011/09/01/obamas_half-a-billion_green_bankruptcy_just_a_preview

0

Edited: September 01, 2011 @ 12:26

drman321

, Florida

#2

Sep 01, 2011 @ 12:28:18

Do you see this as evidence that the US government is not giving these companies the resources to adequately compete against their Chinese rivals?

0

hoppy

,

#3

Sep 01, 2011 @ 12:32:58

An overabundance of regulations, perhaps.

0

drman321

, Florida

#4

Sep 01, 2011 @ 13:34:09

@hoppy Said

An overabundance of regulations, perhaps.

You mean labor regulations?

0

hoppy

,

#5

Sep 01, 2011 @ 13:50:15

@drman321 Said

You mean labor regulations?

Like these maybe.

https://www.thenewamerican.com/economy/commentary-mainmenu-43/8820-obamas-seven-new-regulations-would-cost-us-economy-billions

0

drman321

, Florida

#6

Sep 01, 2011 @ 13:50:59

@hoppy Said

Like these maybe.

https://www.thenewamerican.com/economy/commentary-mainmenu-43/8820-obamas-seven-new-regulations-would-cost-us-economy-billions

Which of those are hurting the solar power industry in the US?

0

hoppy

,

#7

Sep 01, 2011 @ 14:01:16

@drman321 Said

Which of those are hurting the solar power industry in the US?

Maybe none of those are. Maybe it's China's fault. Ask Obama. I'm sure he has someone else to blame.

0

drman321

, Florida

#8

Sep 01, 2011 @ 14:32:19

@hoppy Said

Maybe none of those are. Maybe it's China's fault. Ask Obama. I'm sure he has someone else to blame.

So your answer to my question was off topic and pointless?

0

hoppy

,

#9

Sep 01, 2011 @ 15:07:00

Did you read the article? I see a lot of mismanagement by both government and some solar businesses.

0

drman321

, Florida

#10

Sep 01, 2011 @ 16:09:03

@hoppy Said

Did you read the article? I see a lot of mismanagement by both government and some solar businesses.

Please go on.

0

hoppy

,

#11

Sep 01, 2011 @ 17:54:10

@drman321 Said

Please go on.

You go on. Obama still sucks.

0

El_Tino

booyaka!

Albuquerque, New Mexico

#12

Sep 01, 2011 @ 20:08:32

@hoppy Said

Sign-Up I told you so.

There. I’ve said it.

In a preview of what’s likely to become a common occurrence in the Obama energy strategy, a California manufacturer of solar systems that was financed by a half-a-billion loan through the Obama administration announced that it would seek bankruptcy protection.

https://finance.townhall.com/columnists/johnransom/2011/09/01/obamas_half-a-billion_green_bankruptcy_just_a_preview

Well, the loan was initiated by George W. Bush.

But, the Chinese solar manufacturers are getting free land and other subsidies from the Chinese government, against WTO rules. Hard to compete against that.

0

hoppy

,

#13

Sep 01, 2011 @ 20:11:55

@El_Tino Said

Well, the loan was initiated by George W. Bush.

But, the Chinese solar manufacturers are getting free land and other subsidies from the Chinese government, against WTO rules. Hard to compete against that.

Yes, whoever opened the door to the Chinese screwed us all and whoever is holding it open is too, IMO.

0

El_Tino

booyaka!

Albuquerque, New Mexico

#14

Sep 01, 2011 @ 20:15:00

@hoppy Said

Yes, whoever opened the door to the Chinese screwed us all and whoever is holding it open is too, IMO.

What about the American businesses who have higher profits because they can outsource to China? They benefit. What about the American consumer who gets quality products for a lower price? What about the millions of Chinese who are being lifted out of poverty? There's costs, but also benefits.

0

hoppy

,

#15

Sep 01, 2011 @ 20:20:36

Just how many sacrifices do you think the American worker can afford to make to lift everyone else out of poverty?

0

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