By Mark Steyn
For example, under the Obama “stimulus”, US taxpayers gave a $529 million loan guarantee to the company Fisker to build their Karma electric car. At a factory in Finland.
If you’re wondering how giving half-a-billion dollars to a Finnish factory stimulates the U.S. economy, well, what’s a lousy half-bil in a multi-trillion-dollar sinkhole? Besides, in the 2009 global rankings, Finnish schoolkids placed 6th in math, 3rd in reading and 2nd in science, while suffering under the burden of a per student budget half that of York City. By comparison, America placed 17th in reading, 23rd in science, and 31st in math. So the good news is that, by using US government money to fund a factory in Finland, Fisker may be able to hire workers smart enough to figure out how to build an unwanted electric car that doesn’t lose its entire US taxpayer investment.
In a sane world, Joe Biden’s remarks would be greeted by derisive laughter, even by Fourth Graders. Certainly by Finnish Fourth Graders.