Posted on 06/20/2016 11:29:17 AM PDT by Olog-hai
The Obama administration selected a Los Angeles group Monday to lead an effort aimed at making manufacturing companies more competitive globally by helping them consume less energy and produce less waste.
The Smart Manufacturing Leadership Coalition in Los Angeles will receive $70 million from the federal government to establish the ninth of 15 manufacturing hubs that President Barack Obama wants set up across the country. The winning team of nearly 200 partners will at least match that amount.
The private-public partnership will develop smart sensors to make all types of manufacturing more efficient, Obama said at a conference designed to showcase investment opportunities in the United States.
(Excerpt) Read more at hosted.ap.org ...
The more I read about this type of stuff happening the more I remember about how in school we were taught about how the old USSR used to do the same thing to prop up its cronie socialism.
Exactly! Sounds like some Democrat Party/Uniparty apparatchiks
need retirement income or they need to pay for their kids braces.
Except the government “industry.” It strives to maximize waste and minimize efficiency.
The DemocRAT hole.
Obama's retirement fund.
Good concept but it will fail if the Left controls it
A funny related aside. I worked for a venture-financed startup company about 14 years ago. I wrote and won a Navy SBIR contract that we completed. I was contacted last week by Navy contractor to determine the “benefits” produced from that contract. In the real world, that tech has gone through two or three generations of improvements since then. What a stupid and wasteful project to measure benefits of ancient tech. Maybe they should measure the benefits of the steamship while they are at it.
The Left destroys everything they touch
Which la donors are getting this kickback?
The Democrats see a state with a huge number of electoral votes they can keep in their column every four years by dumping huge infusions of federal cash into it.
Green? HAHAHAHAHAHAHAHAHAHAHAHAHA! Thud.
California has 7 of the to 10 polluted cities in America. Yeah, they are a beacon of green energy.
democRAT payoffs will be everywhere......
“. What a stupid and wasteful project——”
I agree,but then it’s the government and efficiency would be a shock to my system:-)
.
These SO CALLED manufacturing companies will be bankrupt in 3...2...1, especially in CA. The business capital of the world /sarc
Excellent analysis.
I suspect that if there were any jobs created, the "LA Hub" would be restricted to mexicans anyway. Americans need not apply.
“The private-public partnership will develop smart sensors to make all types of manufacturing more efficient,...”
The Administration plans to make it mandatory, through executive orders, that all manufacturers must purchase “smart sensors” from this government sponsored monopoly.
You probably would to want to work in a high-performance Taco Truck anyway.
I've heard the High Performance models produce their own 'natural gas'.
More Regulations, more bureaucracies, more people who PRODUCE NOTHING..
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