Obama to announce $140 million to support job hubs in Chicago, Detroit

[Ralph Wiggum]

President Barack Obama planned to announce on Tuesday that two new manufacturing institutes aimed at creating quality jobs would be located in Chicago and Detroit and be supported by $140 million in federal funds, the White House said in a statement.

In an afternoon event, Obama will say that both of the institutes will be led by the Defense Department. The Detroit institute will focus on lightweight and modern metals manufacturing, while the Chicago-based hub will be based around digital manufacturing and design technologies.

Obama, whose calls Chicago his home town, is seeking ways to find jobs for middle-class Americans and raise their incomes. In the absence of a consensus in Congress on how to proceed, he is acting on his own where he can.

Part of that push is an effort to expand manufacturing jobs, many of which were lost in preceding decades as U.S. companies searched for cheaper labor abroad.

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But lookie a little further...

In Washington with the mayor and the governor looking on, President Barack Obama has formally announced that new digital manufacturing hub for Chicago on Goose Island.

What the Goose Island hub is supposed to do is connect digital science with businesses so that Americans get the jobs in a new manufacturing sector.

Or as the president put it at the White House: “Basically, I’m here to announce that we’re building ironman. I’m gonna blast off in a second. This has been a secret project we’ve been working on for a long time. Not really. Maybe. It’s classified.”

Actually, one estimate puts the number of new jobs at the hub at only 50-70 and the federal funding is for only one year.

MORE SPENDING B.S.

 

[Eupher]

It's the age-old politician cure to what ails the country.

Throw money at the problem. Don't actually FIX the ****ing thing (because that would take actually doing something that might entail work, sweat, and even a little sacrifice).

Just throw money at the problem.

Like that works. 

[Ralph Wiggum]

It's the age-old politician cure to what ails the country.

Throw money at the problem. Don't actually FIX the ****ing thing (because that would take actually doing something that might entail work, sweat, and even a little sacrifice).

Just throw money at the problem.

Like that works. 

This project sounds like a Solyndra in a new wrapper to me.

[thundley4]

This project sounds like a Solyndra in a new wrapper to me.

Take money from people that contribute to society and give it to cronies that give money to Dems.