Another day, another failed government funded green energy project. This one, Vestas, isn’t even an American company.
A Danish wind turbine company whose subsidiaries received over $50 million in U.S. stimulus dollars announced on Friday it has cut more than 800 jobs in the United States and Canada this year and may be forced to lay off another 800 employees in North America.
This is yet another green energy company that received wasteful stimulus funds and does not even have anything to show for it.
Read the whole thing and weep. Here we have over $16 trillion in debt and President Obama wants to double down on these failed projects. Good grief.
In related news, The Washington Guardian reported “The government’s chief spending watchdogs have already secured nearly 600 convictions and judgments against people and companies accused of misusing stimulus funds and have a whopping 1,900 investigations currently open into possible wrongdoing, officials say.” Wasn’t Joe Biden supposed to be keeping an eye on things, to prevent all of this fraud and abuse?