The Great Recession hit recreational vehicle manufacturing hub Elhart, Indiana hard. Two years ago the city suffered with the nation's highest unemployment rate. President Obama hawked his since-failed economic stimulus plan in the northern Indiana town--it was his first trip outside Washington after his inauguration. Six months later he visited nearby Wakarusa, touting a $39 million grant to develop advanced-electric cars. "We've got to imagine a future in which new American cars are powered by new American innovation," Obama said at a Navistar plant. Presumably, Obama's vision of transformational changes does not include RVs.
I don't know if THINK Global of Norway received any of that cash, but the firm, which opened a factory in Elkhart in December, just filed for bankruptcy.
Last fall Britain's liberal Guardian newspaper published a story entitled "Indiana still awaits Obama's promised green recovery."
Hope and change, baby!
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