Another Obama green jobs fizzle

WSJ:
Since 2009, the Obama administration has awarded more than $1 billion to American companies to make advanced batteries for electric vehicles. Halfway to a six-year goal of producing one million electric and plug-in hybrid vehicles, auto makers are barely at 50,000 cars.
... 
Have these people never heard of a feasibility study, before investing this kind of money?   The companies that are still operating are struggling to survive and are no where near the jobs targets Obama projected.

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