Biden: "This is an example of your future!" (He was Right!)
Original post made by Biden was Right, Amador Estates, on Sep 12, 2009
ST. CLOUD - It was just five months ago that Vice President Joe Biden made the New Flyer bus factory here a symbol of the stimulus. With several Cabinet secretaries in tow, he held a town-hall-style meeting at the Minnesota factory, where he praised the company as "an example of the future" and said that it stood to get more orders for its hybrid electric buses thanks to the $8.4 billion that the stimulus law devotes to mass transit.
But in August, the company that administration officials had pictured as a stimulus success story began laying off 320 people, or 13 percent of its workforce, having discovered how cutbacks at the state level can dampen the boost provided by the federal stimulus money.
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How's that "Hope and Change" working for you?