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President Obama Exports Jobs and Dollars

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In 2009, President Obama said that he hoped his election and his decisions would help restore America’s standing in the world. No one could have imagined that one of his decisions would be to spend billions of U.S. taxpayer dollars to create jobs overseas. That’s just what his “American Recovery and Reinvestment Act” did.

As soon as the Obama administration started funding stimulus projects, hundreds of millions of America’s hard-earned taxpayer dollars started seeping beyond our borders. Money from the president’s failed stimulus law has created jobs and economic growth in England, China, Finland, and many other countries. 

For example, in August 2009, President Obama staged a photo-op at an Indiana truck plant. He told the crowd, “I’m here today to announce $2.4 billion in highly competitive grants to develop the next generation of fuel-efficient cars and trucks powered by the next generation of battery technologies all made right here in the U.S. of A.”

Behind him was a new electric truck — built in England. The administration would soon spend $39 million to build more of those English trucks.

One of the English autoworkers who built the truck was grateful. “If he wants to call it American and produce millions of them, let him get on with it,” he told a reporter. “As long as he keeps selling them and Americans keep buying them, we’ll produce as many as you want.”

That’s how it works when Washington starts spending someone else’s money. Sometimes the money slipped away in smaller batches. Like the $2.8 million the Obama administration spent to buy 14,000 “smart” electric meters to be installed in Kansas City, Mo. The meters were built 1,000 miles to the south, in Mexico.

Other times, the amounts were bigger. Even some Democrats complained when it turned out the administration had spent nearly $2 billion in stimulus money on wind-power projects, but almost 80 percent of it went to foreign manufacturers. The money financed an estimated 6,000 jobs overseas.

The Obama administration didn’t limit itself to stimulus dollars. It used other piles of taxpayer money to outsource jobs as well. Hundreds of millions of dollars in loan guarantees went to an electric-car maker that ended up creating jobs in Finland. More went to buy solar panels made in China. Last year, the Obama administration paid a total of almost $29 billion directly to foreign companies.

After three and a half years of President Obama’s failed economic policies, more than 23 million Americans are either unemployed or underemployed. We’ve had 41 straight months of unemployment above 8 percent. It’s time for President Obama to finally focus on jobs in America, rather than spending taxpayer dollars for projects in other countries.

John Barrasso is a U.S. senator from Wyoming.

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COMMENTS   13

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   07/12/12 14:23

I wonder who allocates all this money that Obama can spend? The GOP needs to stop being complicit in the problem before they can effectively talk smack about it.

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Thiudans
   07/12/12 14:27

In 2009 both houses of of the legislative branch were in Democratic hands. So it is Donks all the way down--Donks allocated and spent the money.

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   07/12/12 15:21

So, since January of 2011 Obama has not wasted any money? Good to know.

Oh wait: External Link 

Hmmm, looks like the GOP voted to waste money too. If the GOP wants to be credible when attacking the Left and their profligate spending, they need to stop helping them.

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   07/12/12 14:33

The claim that a stimulus project was *built* in another country would be damning if stimulus money was allocated for it to be built here, but much of the stimulus went to American engineers and researchers and had nothing to do with building the device. The Kansas City grant, for example, was for design & integration *not* building the meters: "Jobs in Q3 of 2011 consist of a broad mix of managers, distribution engineers, software developers, and technicians working to design and install designated systems and equipment.". Your other accusations don't even mention anything about jobs created in the US, a company can be successful in multiple countries you know.

All of this information is available on-line, so it's not hard to see what the stimulus money was allotted for and what it was spent on. The fact that you've done less research for this post than I have for this comment suggests you don't have a whole lot to contribute here.

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putiger
   07/12/12 15:18

You missed the point. But don't let that stop you from your incoherent rant. :)

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   07/12/12 15:50

The Senator from Wyoming claimed that stimulus money was being spent on jobs and projects in other countries. To support this claim, he cited examples where stimulus money was spent on high-tech R&D jobs in America with companies who also do business overseas. If you can't tell the difference between those, there's not much I can do for you.

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putiger
   07/12/12 16:42

Maybe "missed the point" isn't as accurate as "didn't read the piece." That you can't understand the difference between spending money that supports foreign jobs vs. spending money that supports domestic jobs is not my problem. And to the extent some of the money of each "project" supported domestic jobs, the author mentions it (contrary to your claim.)

That you fail to realize why this topic is even being discussed (read: leftists whining about nebulous 'outsourcing' in the private sector by private companies supported by private, voluntary investments that happen to come from a company that their political opponent once ran), is also not my problem.

The piece is accurate and damning. It points to the hypocrisy of the flailing left as it blurts its 'outsourcer' attacks on its opponent. Of course when confronted with an incompetent incumbent and dimishing campaign strategy options, you just have to sling mud regardless of the truth or the hypocrisy, I understand your plight.

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RonnieS
   07/12/12 19:52

In the case of Navistar's eStar electric truck, very little of the stimulus money went to developing technology in this country. All that Navistar does is assemble the finished trucks. The chassis and electric drivetrain come from Modec in England. Yes, jobs were created in the US, at Navistar and possibly at A123, the battery supplier, but the technology remains UK based.

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Mike Sch
   07/12/12 16:57

The evidence that the Obama administration is using stimulus money to fund overseas jobs is much more convincing than the "evidence" that Romney shipped jobs overseas while at Bain.

It's also worthwhile to point out that the ENTIRE purpose of the stimulus was to create jobs in the US, while Romney's primary purpose at Bain was to make the acquired companies successful and profitable.

With that additional information it is easy to see that Romney was very successful at Bain, while the Obama stimulus was not at all successful and wasted over 700 billion dollars.

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Richard Wilcoxen
   07/12/12 14:48

Why is NASA keeping us in-the-dark about Sun exploration missions; are they hiding information about the possibility of life on the Hot Planet?

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   07/12/12 15:24

Your ideas are intriguing to me and I wish to subscribe to your newsletter.

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   07/12/12 15:35

I am unsure the impact of quoting a dude who, with great optimism, said, "Mmmmmmm! Floor pie!"

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Richard Wilcoxen
   07/12/12 15:19

(Sung to the Brooks and Dunn song) Saw the news from Las Vegas today.......one chimp died one got-a-way, God must be busy........

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