Political News and Election Info

You get to attend a lot of nice parties when you’re the President. For example, President Obama traveled to Michigan the other day to get down and get funky at the opening of a high tech battery factory. Of course, he touted the factory’s products as evidence of the success of his stimulus program. The Associated Press reports his electrifying comments: In case you've ever wondered what a $33,000 battery looks like “This is about the birth of an entire new industry in America, an industry that’s going to be central to the next generation of cars,” Obama said Monday in a phone call broadcast at the opening of A123 Systems Inc.’s lithium ion battery plant in Livonia, Mich. “And it’s going to allow us to start exporting those cars, making them comfortable, convenient, and affordable. …. When folks lift up their hoods on the cars of the future, I want them to see engines and batteries that are stamped: ‘Made in America,’” Obama said, according to a transcript of the call released by the White House… Buried waaaaaaay down in the story was this little gem: Costs are high. The government has estimated that a battery with a 100-mile range costs about $33,000, although stimulus money could bring that down to $10,000 by the end of 2015. Got that? The President is out there touting an electric car that uses a battery that is, all by itself, far more expensive than the average car. And this is what he uses as an example of the success of his stimulus program. Lunacy. Complete lunacy. Source: Associated Press

Read the original post:
Obama touts glory of electric cars, neglects to mention their $33,000 batteries