Savor the spin.
“The predominance of our portfolio — and the objective, really, of the act — is to be creating large infrastructure, utility-scale projects; and, by definition, they are not a multiplier for job creation,” Frantz told a Joint Hearing on the No More Solyndras Act that would ban the loan guarantee program.
Thanks for clearing that up. And oh, look out for that bus, dude.
“When it’s completed in a few months, Solyndra expects to hire a thousand workers to manufacture solar panels and sell them across America and around the world,” Obama said in 2010. “And this in turn will generate business for companies throughout our country who will create jobs supplying this factory with parts and materials. So there’s a ripple effect. It’s not just localized to this area.”