Subsidies, lobbyists, and sending jobs to China: What Obama's choice of factory visits tells us 

What do you think of when you think of job creation?

President Obama apparently thinks: subsidies, regulations, lobbyists, government contracts, and even, China.

Today, Obama toured the LED lightbulb factory of Cree, Inc. In my column today, I discussed Cree's revolving-door lobbyists pushing lightbulb regulations that profit the company, as well as Cree's dependence on government contracts. But there's plenty that I never got to.

How about the $39 million in special tax credits that the National Center for Public Policy Research reported on. And Amanda Carey at the Daily Caller has this gem:

We will continue to invest here for both human talent and the most state-of-the-art technologies,” Swoboda said. “We have committed that in the coming three to five years, we will continue to expand our operation in Huizhou.”

Swoboda also promoted the company’s new strategy as “Cree Chip, China Heart,” adding that Cree will “push the health, scientific and orderly development of the LED industry in China … and make many more contributions to energy savings and emissions reductions in China.”

Moreover, Swoboda told his Chinese audience that though it is a U.S. company traded on the Nasdaq, “Cree management never runs this company as a U.S. company.” This despite the millions it got from American taxpayers.

It seems as if "jobs" doesn't matter to this president as much as dependence on government.

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Timothy P. Carney

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