President Barack Obama now plans to spend $140 million we don't have on "manufacturing centers" in Chicago and Detroit. Obama knows nothing about manufacturing but certainly knows how to spend our money on payola.
We should all insist on knowing how this money is spent. I guarantee it will go to friends of the program and do nothing for manufacturing. Recall the millions lost in similar programs in the energy sector.
The causes for decline of the manufacturing sector in this country are well known and directly linked to the politicization of the economy. Obama's latest initiative is more of the same.
- Steve Shelby, Schererville