Driverless cars

[spence]

Originally Posted by JohnR

How about 3.9 Billion over 10 years to incentivize jobs in the USA?

How does this money not provide incentives for new jobs?

Americans are great at automating things, it's a big reason the middle-class manufacturing job segment has shrunk. Innovation led manufacturing is a great way to encourage job growth...you can't automate what hasn't been done before.

[Fly Rod]

[QUOTE=spence;1091328]How does this money not provide incentives for new jobs?QUOTE]

Remember Solyndra spence and over 500 million guaranteed loan( jobs gone)...and Fisker hybrid car manufacturer(jobs gone) companies used the 1705 federal guaranteed loan program and now there R over another 14 billion tax dollars under obama in the energy field at risk of bankrupt....so tell me where is the job incentive with our tax money....these energy companies could not get a loan from traditional banks so they go to the suckers the federal government and waste our monies....there R some good energy companies out there.....

[spence]

Originally Posted by Fly Rod

Remember Solyndra spence and over 500 million guaranteed loan( jobs gone)...

What's interesting is that the Federal program that funded Solyndra ended up dishing out around 30 billion in Federal loans to dozens of companies. Including Solyndra the default rate was just a little over 2% which is pretty desirable.

Last I read they were projecting 5-6 Billion in profit for the US Government over 20 years.

Yes, that is your tax dollars at work.

[buckman]

Originally Posted by spence

What's interesting is that the Federal program that funded Solyndra ended up dishing out around 30 billion in Federal loans to dozens of companies. Including Solyndra the default rate was just a little over 2% which is pretty desirable.

Last I read they were projecting 5-6 Billion in profit for the US Government over 20 years.

Yes, that is your tax dollars at work.

Probably have to go do the math on that one again . We didn't have the 30 billion to begin with . I'm sure with interest on our debt we will lose .
Posted from my iPhone/Mobile device

[spence]

Originally Posted by buckman

Probably have to go do the math on that one again . We didn't have the 30 billion to begin with . I'm sure with interest on our debt we will lose .
Posted from my iPhone/Mobile device

Ummm, no.

[buckman]

Originally Posted by spence

Ummm, no.

Never believe government math Spence
Posted from my iPhone/Mobile device

[The Dad Fisherman]

Originally Posted by spence

How does this money not provide incentives for new jobs?

And what do you think the market for these cars is going to be?

Even the Jetsons drove their own cars.
Posted from my iPhone/Mobile device