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Mitt Romney keeps Solyndra canard alive
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| Contributor | RP |
| Last Edited | RP Oct 04, 2012 05:49pm |
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| Category | Fact Check |
| Author | Dan Primack |
| News Date | Thursday, October 4, 2012 09:00:00 PM UTC0:0 |
| Description | It happened again. During last night's presidential debate, Mitt Romney implied that campaign contributions to President Obama had influenced green energy investments by the Department of Energy.
Never mind that there is no evidence to support such a charge, following multiple independent investigations. Never mind that Romney has been caught lying about such things in the past, in regards to Solyndra. All that matters is winning, truth be damned.
Let's quickly get two other things out of the way: (1) $90 billion would not have hired 2 million teachers, given that the average teacher salary in America is $56,000. It comes out to around 1.6 million teachers, or many fewer if you factor benefits into the equation. (2) Half of the green energy companies that have received federal dollars have not gone out of business. In fact, of those receiving Department of Energy Loan guarantees (including Solyndra), the failure percentage is closer to 17%. |
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